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Goldman wagers on cash infusion to show resolve

[Wall Street Journal] - Goldman Sachs's injection of $2bn (€1.5bn) into one of its flagging hedge funds opens a new window on the difficulties even some of the world's premier financial players are having as credit-market anxiety infects a widening circle of investors.

After a week when financial markets were spooked by losses in several Goldman funds -- among other startling setbacks in the financial world -- the big investment bank yesterday said three of its funds have seen the net value of their assets fall a total of about $4.7bn so far this year.

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