Goldman charged over CDO role


Goldman Sachs has been sharply criticised for arranging a synthetic collateralised debt obligation (CDO) at the centre of a lawsuit filed by the US Securities and Exchange Commission (SEC) on April 16. The bank's executives endured a public flogging by US senators on April 27 and, as Risk went to press, reports claimed Goldman was considering settling the SEC case, in a bid to avoid further negative publicity.

The case revolves around disclosure. A former senior official at ACA Capital, parent o

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: