Professor Roy Smith comments on Goldman Sachs' bridge loans to Discovery Communications and Amazon
— August 16, 2017
Excerpt from Bloomberg Quint -- "If you get it right, 'it’s very likely that you can hang onto three pieces of financing in one deal,' said Roy Smith, a former Goldman Sachs partner who’s now a finance professor at New York University’s Stern School of Business. 'It’s a natural business and a natural place for them to be.' If you get it wrong, though, 'bridge loans can hand your head to you,' Smith said."