Goldman Sachs faces massive writedown on CEO David Solomon’s sick-fated GreenSky deal

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Goldman Sachs is probable to consider a large writedown for its 2021 acquisition of fintech loan company GreenSky soon after searching for to unload the small business, CNBC has discovered.
KKR, Apollo International Administration, Sixth Road Companions, Warburg Pincus and Synchrony Bank have been among the asset professionals and creditors concerned in the first round of bids, in accordance to resources.
“Everybody’s been coming in reduced, and the Goldman workforce keeps pushing back again, pounding the table about the price of it,” reported 1 of the bidders.

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