Cdo

The EU 'Rescue Fund' -- Part Of The Problem, Not The Solution

Gemma Godfrey | Posted 01.07.2012

Read More: Yields, Taiwan, Governance, Economy, Summit, Italy, g20, Leverage, Gdp, Greece, Germany, Voluntary, Bond, Efsf, Imf, Consolidation, Cdo, Financial Stability Fund, Sovereign Debt Crisis, Union, Rance, Special Purpose Investment Vehicle, Eurozone, Writedown, Draghi, Growth, Eu, Credit Agricole, Deutsche Bank, Derivative, Haircut, Japan, Rescue Fund, China, Business News

There is still much to be decided before EU leaders can claim to have provided a comprehensive and credible plan to end the sovereign debt crisis.

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Schneiderman: The Anti-Spitzer Who Might Perpwalk the Banks

Nina Burleigh | Posted 11.26.2011

Read More: Mortgage-Backed Securities, Wall Street Crisis, Cdo, Eric Schneiderman, Economic Crisis, President Obama, Occupy Wall Street, Business News

Low-key and boyish-looking at 55, New York Attorney General Eric Schneiderman is the American progressive movement's best and probably last hope for some kind of public retribution against the banksters.

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Goldman Sachs Wins Dismissal Of Lawsuit Alleging It Misled Investors

Posted 09.20.2011

Read More: Fraud, Lloyd Blankfein, Goldman Sachs, 2008 Financial Crisis, Subprime Mortgages, Great Recession, Too Big to Fail, Credit Default Swaps, Timberwolf, Cdo, Business News

NEW YORK (Jonathan Stempel) - Goldman Sachs Group Inc won the dismissal of a lawsuit accusing it of causing an investor to become insolvent by fra...

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Deutsche Fired Top Trader After Complaints Of 'Substantial' Anomalies

Posted 08.24.2011

Read More: Deutsche Bank, Illegal Deutsche, Renee Calabro, Janet Tavakoli, Credit Default Swaps, Banks Probe, Sec Investigation, Cdo, New York, Derivatives Traders, Business News

NEW YORK (Matthew Goldstein) - In the fall of 2009, Deutsche Bank quietly fired one of its top derivative traders in London after a colleague in N...

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WATCH: Summers Dismisses Idea Of Regulating Financial Instruments (WATCH)

HuffingtonPost.com | Maxwell Strachan | Posted 06.13.2011

Read More: Epi, Freddie Mac, New Economic Thinking, Office of Management and Budget, Cds, Fannie Mae, Larry Summers, Financial Innovation, National Economic Council, Cdo, Financial Regulation, Great Depression, Business News

Depending on who you ask, regulation is either a hindrance to the global economy or our only hope against global economic collapse. Safe to say Larry ...

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Moody's Hasn't Kept Promises To Change Its Ratings System

The New York Times | JESSE EISINGER | Posted 06.13.2011

Read More: Brian Clarkson, Moodys Investors Service, Fcic, Collateralized Debt Obligations, Moodys, Cdo, Moodys Rating System, Dodd Frank, Business News

In the aftermath of the financial crisis, nobody has gone to prison and there haven't been any serious structural changes in the financial system. But...

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SEC Under Criticism Yet Again For 'Light' Penalty Against Big Bank

HuffingtonPost.com | Shahien Nasiripour | Posted 06.07.2011

Read More: Wells Fargo, Financial Crisis, Wells Fargo Sec, Sec, Wachovia Sec, Collateralized Debt Obligations, Securities and Exchange Commission, Wachovia, Cdo, Securities Fraud, Business News

The nation's fourth-largest bank agreed to pay an $11 million fine this week to settle federal charges that it misled investors by hiding critical fac...

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Fabrice Tourre Denies Fraud, Says He Relied On Goldman

Bloomberg | Posted 05.25.2011

Read More: Abacus, Goldman Sachs, Sec, Wall Street Crisis, Cdo, Fabrice Tourre Fraud, Goldman Fraud, Subprime Mortgages, Fabrice Tourre, Fab Fab, Fabrice Tourre Goldman Sachs, Financial Crisis, Business News

Fabrice Tourre, the Goldman Sachs Group Inc. executive director sued by the Securities and Exchange Commission for fraud, disputed the claims and said...

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Michael Lewis: My Memo To Goldman Sachs CEO Lloyd Blankfein

Bloomberg | Michael Lewis | Posted 05.25.2011

Read More: Lloyd Blankfein, Goldman Sachs, Michael Lewis, Cdo, Charlie Rose, Business News

May 12 (Bloomberg) -- To: Lloyd Blankfein Re: Winning at Ethics, the Goldman Way I have reviewed no less than seven times your entire episode on Ch...

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This Week in Cheating: Goldman Testifies

Jeff Kreisler | Posted 05.25.2011

Read More: Funny, Lloyd Blankfein, Congressional Testimony, Congress, Money, Siv, Goldman, Monty Python, Advice, John Paulson, Testimony, Stephen Colbert, House, Political Comedy, Goldman Sachs, Bill Maher, Senate, Satire, Jon Stewart, Blankfein, Cheating, Cdo, Comedy, Cash, Comedy News

As Goldman Sachs prepares to testify before Congress, The Cheater offers a few proven tricks.

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Michael Lewis: Goldman Sachs SEC Fraud Case Means 'Bond Market Will Never Be The Same'

bloomberg.com | Michael Lewis | Posted 05.25.2011

Read More: ACA Management, Fabrice Tourre, Goldman Sachs, Bond Market, John Paulson, Jonathon Egol, Michael Lewis, Sec, American International Group, Mortgage-Backed Securities, Cdo, Business News

If you happen to be sitting on the Goldman Sachs bond-trading floor life must feel horribly unfair. You did nothing worse than live by the ethical as...

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Goldman Sachs in Troubled Waters

Georges Ugeux | Posted 05.25.2011

Read More: Economy, U.S. Treasury, The Big Short, Investors, Compliance, Investment Banks, Goldman Sachs, Otc Derivatives, Germany, Teaser Rates, Andrew Ross Sorkin, Subprime, Trading, Cdo, Lloyd Blankfein, Too Big to Fail, Cds, Aig, Michael Lewis, John Mack, Democrats, Stan O'Neal, Dick Fuld, Fraud, Deutsche Bank, JP Morgan, Mortgage, John Paulson, Wall Street, Abacus, Banks, Sec, Europe, Bonuses, Republicans, Ikb, Business News

Wall Street has long forgotten how to spell "ethical" or "good," and replaced it with "compliant" and "legal." The time has come to explain to investment banks what their responsibility and accountability are.

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What's Bad for Wall Street Is (Sometimes) Good For The Rest Of Business

BNET | Carter Dougherty | Posted 05.25.2011

Read More: Morgan Stanley, Fraud, Goldman Sachs, Bank of America, Derivatives, Wall Street Reform, JPMorgan Chase, Lehman Brothers, Financial Crisis, Sec, Wall Street, Cdo, Citigroup, Main Street, Business News

As Congress approaches the moment of truth in reforming the American financial system, some folks are getting lost in the shuffle: everyone in this co...

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Goldman's Blueprint for Dumping Toxic Assets: How These CDOs Were Designed to Fail

David Fiderer | Posted 05.25.2011

Read More: Goldman Sachs, Cdos, Subprime Mortgages, John Paulson, Finance, Ratings Agencies, Fasb, Magnetar Trade, Financial Crisis, Sec, Credit Default Swaps, Securities and Exchange Commission, FASB 157, Cdo, Business News

While most of these deals remain shrouded in secrecy, one of them, Anderson Mezzanine Funding 2007, Ltd. lays out its blueprint in sufficient detail so that we can pinpoint how and why this transaction's failure was assured.

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SEC Charges Goldman With Fraud

James Kwak | Posted 05.25.2011

Read More: Abacus, James Kwak, Goldman Sachs, Sec, Cdo, Goldman Sachs Fraud, John Paulson, 13 Bankers, Business News

The allegation is that Goldman failed to disclose the role that John Paulson's hedge fund played in selecting residential mortgage-backed securities that went into a CDO created by Goldman.

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A Goldman Rebuttal

Dylan Ratigan | Posted 05.25.2011

Read More: Goldman Sachs, Bailout, Paulson and Company, Aca Capital Management, Short, Banks, Aig, Dylan Ratigan, Dane Holmes, Cdo, Lucas Van Praag, Aca, Business News

Since I haven't been able to get anyone from Goldman Sachs to appear on my show in months, perhaps we can try corresponding in writing. You remember AIG, right? It's where taxpayers paid you 100 cents on the dollar for a company that you helped blow up.

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Are You NYC's First Chief Digital Officer?

Steve Rosenbaum | Posted 05.25.2011

Read More: Cdo, Nyc, Katherine Oliver, Chief Digital Officer, Michael Bloomberg, Steve Rosenbaum, Todd Asher, Nyc Office Office of Film, magnify.net, Silicon Alley, Technology News

New York is looking for a world class Chief Digital Officer, and that has created an obvious question -- what is the role of CDO, and who is the right...

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CDO Independent Director Collects $400K A YEAR-- Just For Signing His Name

Reuters | Matthew Goldstein | Posted 05.25.2011

Read More: Donald Puglisi, Mortgage-Linked Securities, Finance, Cdo, CDO's, Wall Street, Structured Finance, Subprime Mortgage Crisis, Securities, Collateralized Debt Obligations, Retirement, Independent Directors, Business News

...CDOs have been very good to Donald Puglisi, a retired University of Delaware finance professor who remains fond of them. In fact, he and others are...

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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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Did Goldman Sachs Breach Their Fiduciary Duty to CDO Investors?

Damien Hoffman | Posted 05.25.2011

Read More: Goldman Sachs, Cdo, Fiduciary Duty, Business News

If Goldman created these instruments with their "expertise", then their bets against the CDOs is direct evidence the iBanks betrayed their fiduciary relationship with anyone who bought their CDOs. If every CDO is tracked back to the original underwriter, investors should bring forth a class action.

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Goldman Sachs Approached AIG To Scrap Contracts Months Before Being Paid In Full By NY Fed

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

This post has been updated with a quote from a senior Obama administration official. Goldman Sachs approached AIG and expressed its willingness to ca...

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Is Wall Street Full of Human CDOs?

Elise Coroneos | Posted 05.25.2011

Read More: Cdos, Wall Street, Derivatives, Financial Crisis, Banks, Human Cdos, Collateralized Debt Obligations, Cdo, Business News

After the fiasco of the last year, the financial community should be getting back to the fundamentals of its job, which is to be stewards of the community's wealth.

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Wall Street bankers Offer Flimsy Excuses at FCIC Hearing

Jeff Madrick | Posted 05.25.2011

Read More: Goldman Sachs, Financial Crisis, JP Morgan, Fcic, Cdo, Financial Crisis Inquiry Commission, Business News

Here's a question that the next round of bankers should be asked. Did they know they were supporting predatory and probably criminally fraudulent lending throughout America by their activities?

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Goldman Sachs Shareholder Suits: Bank Is Wasting Shareholder Money On Huge Bonuses

Huffington Post | Ryan McCarthy | Posted 05.25.2011

Read More: Tarp, Ken Brown, Goldman Sachs, Andrew Cuomo, Goldman Sachs Bonuses, Goldman Sachs Shareholders, Aig, Goldman, Cdo, Goldman Sachs Shareholder Suits, Video, Business News

Two new lawsuits accuse Goldman Sachs, now the most profitable securities firm in Wall Street history, of wasting shareholder money by paying out huge...

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Landmark Decision Promises Massive Relief for Homeowners and Trouble for Banks

Ellen Brown | Posted 05.25.2011

Read More: Goldman Sachs, Wall Street Bailout, Treasury Secretary Henry Paulson, Fannie Mae Freddie Mac Bailout, Cdo, Home Foreclosures, Mers, Business News

60 million mortgages with fatal defects in title could give aggrieved homeowners and securities holders the crowbar they need to exert some serious leverage on Congress.

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