Goldman Sachs made a $835m loan to Banco Espírito Santo a month before Portugal's largest listed lender by value was bailed out in a complicated deal that could inflict losses on the Wall Street investment bank. The loan came at a time when mounting concerns over BES's financial health meant that it was struggling to borrow money in the international capital markets, and had increasingly resorted to convoluted forms of off-balance sheet financing to fund itself. The collapse of the 150-year-old Espírito Santo family banking dynasty has sent tremors through Portugal's business community, leaving its investors nursing bil ... (full story)