Goldman charged over CDO role

goldman-sachs

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

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