Goldman was positioning itself short in debt instruments it was selling to its clients.

Question

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The article states that "Goldman Sachs was positioning itself to benefit if the value of those assets fell. It did this by selling a type of financial instrument called synthetic collateralised debt obligations to clients, while secretly betting that they would decline in value." This means Goldman was positioning itself short in the debt instruments it was selling to clients.

Goldman Was Positioning Itself Short in Debt Instruments It Was