SEC said to investigate 2nd Goldman CDO

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.

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3d rendering of a row of luxury townhouses along a street

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