The Danish Government Nearly Collapsed Today Over A Deal With Goldman Sachs

Denmark's government is in turmoil after a socialist party quit the ruling coalition over a deal with Goldman Sachs, Richard Milne of The Financial Times reports. The deal involves Goldman purchasing a 19% stake in state-owned utility Dong Energy for $1.5 billion. Denmark’s shareholding would fall to about 60%. Despite the walkout, the deal has been approved and the government is expected survive. (For an analysis on the financials of the deal, check out this post from Guan Yang.) Denmark's S...