Goldman Sachs Abacus

Financial Statesmanship for a New Economy

John Fullerton | Posted 05.21.2012

Read More: Lloyd Blankfein, Lew Preston, John Whitehead, Greg Smith Goldman Sachs, Financial Reform, Felix Rohatyn, Greg Smith, Goldman Sachs, JPMorgan Chase, Goldman Sachs Abacus, John Weinberg, Wall Street, Finance, Greg Smith Resignation, Abacus, Banking, Morality, Dennis Weatherstone, Business News

I wonder what happened to the belief that banking is a profession, as J.P. Morgan believed, rather than "just a business" as it is today.

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Goldman Sachs' Abacus Investigations Continue

Huffington Post | Sara Yin | Posted 05.25.2011

Read More: Finra, Investment Banks, Cdos, Goldman Sachs Abacus, Fsa, Credit Default, Abacus, Bayou Hedge Fund, Ponzi Scheme, Banks, Sec, Financial Regulation, Wells Notice, Bayou, Business News

The $550 million settlement reached between Goldman Sachs and the Securities and Exchange Commission last month was not the end of investigations into...

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FCIC Threatens Goldman With Derivatives Audit

DailyFinance | MELLY ALAZRAKI | Posted 05.25.2011

Read More: Goldman Sachs, Goldman Sachs Abacus, Financial Crisis Inquiry Commission, Derivatives, Goldman Sachs Settlement, Credit Insurance, Aig, Sec, Financial TImes, Fcic, Phil Angelides, Business News

While Goldman Sachs (GS) has settled Securities and Exchange Commission civil fraud charges over its Abacus synthetic collateralized debt obligation t...

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Daniel Dravot, Goldman Sachs, and the SEC

Bill Singer | Posted 05.25.2011

Read More: Goldman Sachs Abacus, Fabrice Tourre, Goldman Sachs, Wall Street Crisis, Wall Street, John Paulson, Financial Reform, Wall Street Reform, Financial Crisis, Bill Singer, Securities and Exchange Commission, Financial Regulation, BrokeAndBroker.Com, Business News

While I may criticize the motivation and timing of the SEC's case, I applaud the long overdue recognition by Wall Street's regulators that they have coddled the mighty and powerful for far too long.

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Goldman, SEC Consider All-In-One Settlement

wsj.com | SUSANNE CRAIG and KARA SCANNELL | Posted 05.25.2011

Read More: Abacus 2007-AC1, Goldman Sachs Abacus, Goldman Sachs, Sec, Fraud Lawsuit, Banks, Fraud, Collateralized Debt Obligations, Cdos, Mortgage Crisis, Mortgage Fraud, Lawsuit, Abacus Lawsuit, Business News

Goldman Sachs Group Inc. and the Securities and Exchange Commission recently held discussions about a possible settlement to simultaneously resolve th...

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A "Modest Proposal" for Capital Market Reform: Close Down Rule 144A

Jeff Madrick | Posted 05.25.2011

Read More: Goldman Sachs Abacus, Goldman Sachs, Securities and Exchange Commission, Rule 144a, Business News

It is time to undo the damage that led to the crisis we are now experiencing. Putting an end to the unregulated world of Rule 144A offerings would be a great place to start.

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Notes from Berkshire Hathaway Annual Shareholder Meeting

Alan Schram | Posted 05.25.2011

Read More: Kraft Foods, Berkshire Hathaway, Goldman Sachs Abacus, Goldman Sachs, Inflation, Business News, Warren Buffett, Charlie Munger, China, Business News

Close to 40,000 enthusiastic shareholders made the pilgrimage to Omaha this year, coming from all over the world to attend "Woodstock for capitalists."

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Goldman's CDOs Had Nothing to Do With the Real Estate Bubble

David Fiderer | Posted 05.25.2011

Read More: Fabrice Tourre, Cdos, Goldman Sachs Abacus, Goldman Sachs, Subprime Mortgages, Financial Reform, Financial Crisis, Real Estate Bubble, Credit Default Swaps, New York Federal Reserve Bank, Business News

If Goldman Sachs wanted to reduce its exposure to subprime mortgage investments, why didn't it simply sell the assets it owned?

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Hard Evidence of Goldman's Corrupt Intent and the Myth of the Sophisticated Investor

David Fiderer | Posted 05.25.2011

Read More: Goldman Sachs Abacus, Goldman Sachs, Cdos, Subprime Mortgages, John Paulson, Mortgage Crisis, Sec, Mortgage-Backed Securities, Securities and Exchange Commission, Business News

In certain markets, most notably, CDOs, the lack of common sense was institutionalized. It's evident in the deal book for Abacus 2007 AC-1, at the center of the S.E.C.'s case against Goldman.

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Lloyd Blankfein, Goldman CEO: SEC Case Would 'Hurt America'

Huffington Post | Ryan McCarthy | Posted 05.25.2011

Read More: Lloyd Blankfein, Goldman Sachs, Goldman Sachs Fraud Charges, Goldman Sachs Abacus, Goldman Sachs SEC, Goldman Sachs Lawsuit, Business News

Despite the civil fraud charges brought by the Securities and Exchange Commission and the apparent damage to his bank's reputation, Goldman Sachs CEO ...

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John Paulson: Man Behind the Curtain

Andrew Tucker Avorn | Posted 05.25.2011

Read More: Arlen Specter, Cdos, Goldman Sachs, Goldman Sachs Abacus, S. 1551, John Paulson, Financial Reform, Sec, Business News

John Paulson, the hedge fund manager who made a billion dollars from transaction in the Goldman Sachs suit, is like the man behind the curtain at the end of "The Wizard of Oz."

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Goldman Sachs Fraud Lawsuit: An Overview Of The Latest News

Posted 05.25.2011

Read More: Goldman Sachs Abacus, Goldman Sachs, John Paulson, Abacus, Mortgage Crisis, Slidepollajax, Housing Bubble, Business News

This morning, the SEC announced that it is suing Goldman Sachs and one of its employees for fraud. Pointing to the 2007 creation of a complicated bund...

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SEC: Goldman Sachs Charged With Civil FRAUD Over Mortgage Securities

AP/Huffington Post | Posted 05.25.2011

Read More: Goldman Sachs, Cdos, Subprime Mortgage Market, Goldman Sachs Abacus, Goldman Sachs SEC, SEC Goldman Sachs, Sec Goldman, Goldman Sachs Fraud, Goldman Sachs SEC Charges, Goldman Sachs Charged With Fraud, Goldman Sachs Indicted, Collateralized Debt Obligations, Goldman Sachs John Paulson, Video, Business News

The government has accused Goldman Sachs of defrauding investors by failing to disclose conflicts of interest in mortgage investments it sold as the h...

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Goldman Sachs' Alleged Fraud Explained: How It Worked (PHOTOS)

HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011

Read More: Goldman Sachs Abacus, Goldman Sachs, Cdos, Goldman Sachs SEC, SEC Goldman Sachs, Sec Goldman, Goldman Sachs SEC Charges, Goldman Sachs Fraud, Goldman Sachs Charged With Fraud, Goldman Sachs Indicted, Business News, Collateralized Debt Obligations, Goldman Sachs John Paulson, Slidepollajax, Goldman Sachs Fraud Explained, Goldman Sachs Frauds, Goldman Sach Fraud, Business News

Goldman Sachs defrauded investors by failing to disclose a conflict of interest on mortgage investments it sold as the housing market went sour, accor...

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Goldman Sachs -- It's About Bonuses

David Dixon | Posted 05.25.2011

Read More: Lloyd Blankfein, Tarp, Goldman Sachs Abacus, Goldman Sachs, Housing Market, Goldman Sachs SEC, Cdo, John Paulson, Goldman Sachs Bonuses, Byron Dorgan, Recession, Los Angeles News

As a professional who spent nearly a decade in the fixed income division at Goldman Sachs in both New York and London, it pains me to watch the firm get dragged through the mud.

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