Goldman and Deutshce vying for Lloyds loan portfolio

• At stake is a package of (mostly non-performing/defaulted) Irish real estate loans held by Lloyds (NYSE:LYG) with a face value of €4.2B. Initial offers were submitted for theProject Poseidon  portfolio - which could go for less than €0.30 on the euro  - earlier this month, with Goldman Sachs (NYSE:GS) and Deutsche Bank (NYSE:DB) facing off to be the lucky buyer, according to Bloomberg.