Sachs then offered to pay a $50 million fee to a Dutch fund called Palladyne
International Asset Management, through which the LIA had already invested $300 million. Goldman
could hardly ... have been interested in Palladyne because of the fund's financial acumen: According to an
audit conducted on behalf of the LIA, 45 percent of the funds, virtually all from ... Libya, invested in
Palladyne were held in cash, while the rest of the investments didn't do particularly well: "To date we
have paid in excess