Goldman Sachs [GS] is to Wall Street what Ferrari is to Formula One. Last Friday, the investment bank powerhouse was accused of securities fraud in a civil lawsuit filed by the Securities and Exchange Commission (SEC). According to the complaint, in February 2007, Goldman created a Collateralized Debt Obligation (CDO) labeled Abacus 2007-AC1, at the […]
SEC vs. Goldman Sachs
18 aprilie 2010, 05:09
Ultima modificare în 18 aprilie 2010, 08:09
Goldman Sachs [GS] is to Wall Street what Ferrari is to Formula One. Last Friday, the investment bank powerhouse was accused of securities fraud in a civil lawsuit filed by the Securities and Exchange Commission (SEC). According to the complaint, in February 2007, Goldman created a Collateralized Debt Obligation (CDO) labeled Abacus 2007-AC1, at the [...]