The Securities and Exchange Commission (SEC) is ramping up a probe of a second complex mortgage deal by Goldman Sachs. SEC accusations that Goldman defrauded investors in Abacus, a synthetic collateralized debt obligation designed in part by mortgage-shorter John Paulson, have already thrust the bank into a legal quagmire.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio