During the financial crisis Goldman Sachs lost USD 1.3 bln. belonging to Muammar Gaddafi investment fund. This information was published by The Wall Street Journal with a reference to Goldman Sachs documents. In 2008 the Libyan state investment fund gave Goldman Sachs an amount of USD 1.3 bln. It was invested in options (the right to purchase securities) and currencies of developing countries. After the financial crisis broke out the package of Libyan investments dropped by 98% and equaled thus USD 25.1. Goldman Sachs offered the Libyan funds several ways of repaying the debt. According to one of them, Gaddafi was proposed to become a large shareholder of the investment bank. Golman Sachs top management offers the Libyan fund to obtain a USD 5 mln.package of shares for USD 3.7 bln. The agreement was reached first in June 2010, but the deal was not made owing to the civil war started in Libya. Sanctions were imposed against Libya banning American companies from dealing with Muammar Gaddafi and his regime. Goldman Sachs is one of the largest investment banks in the world. Its 2010 gain runs USD 39.2 bln. and assets amount to USD 911.3 bln. in total.