Goldman Sachs
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ACA Financial sues Goldman Sachs for CDO fraud
Jan 06, 2011Bond insurer ACA Financial Guaranty filed suit Thursday against Goldman Sachs.
The suit alleges fraud and seeks $30 million in compensatory and $90 million in punitive damages stemming from the role the investment bank played in the marketing of the synthetic collateralized debt obligation named ABACUS.
Goldman Sachs developed ABACUS and sold it to investors on behalf of its hedge fund client Paulson & Co. in 2007.
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Never, Ever Underestimate the Stupidity of Politics
Aug 09, 2010 -
Measuring the Hysteria Surrounding the SEC and Goldman Sachs
Apr 21, 2010 -
Making Money in Mortgages
Apr 13, 2010 -
No Reason to Get Excited
Jan 18, 2010 -
Goldman Sachs, PIMCO Exit Federal Reserve’s MBS-Purchase Plan
Aug 17, 2009 -
Litton Loan Servicing Makes 40 in HAMP
Aug 06, 2009