Goldman in talks with Goldman about Goldman

Editor's note: It had to happen sooner or later. Goldman's incestuous relationships end in one giant circle-jerk.

Goldman Takes Heat for Conflicts at Whitehall
By ANTON TROIANOVSKI and LINGLING WEI

One of Goldman Sachs Group Inc.'s premier real-estate funds is in discussions with its lenders to restructure debt on some of its biggest investments: Nevada casinos, German office buildings and a U.S. hotel chain.

The wrinkle: One of the main lenders on those deals is Goldman Sachs.
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With commercial real-estate values plunging, investors and their advisers have begun focusing on the conflicts. They say that Goldman is able to use its position as investor, lender and fee-collector to benefit itself at the expense of outsiders.

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