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Blackstone’s Goodman on High Yield, Insurance and CDS Rules

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Mar.09 — Bennett Goodman, head of Blackstone Group LP’s GSO Capital Partners unit, discusses the high-yield bond market, creating a new portfolio-risk analytics business, and backing efforts to change the rules that enabled a controversial credit-default swap trade involving Hovnanian Enterprises. He speaks with Bloomberg’s Erik Schatzker in New York.

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