Posts tagged with: "abacus"
Results 281 - 300
of 342
Sort by Relevance
|
Sort by Date
19 Apr 2010, 6:43 am
Tourre was the mastermind behind the creation of Abacus, and agreed to the deal with Paulson in April 2007, the SEC claims. [read post]
19 Apr 2010, 4:37 am
When the housing market began to spiral out of control in 2007 and 2008, ABACUS felt the pain. [read post]
19 Apr 2010, 2:26 am
Tourre, who was 28- years old at the time of the Abacus deal, was not, however, simply off on a personal frolic in putting together this $2 billion transaction. [read post]
19 Apr 2010, 2:21 am
Goldman will argue that ACA, the collateral manager in the ABACUS CDO, bore ultimate responsibility for picking the collateral. [read post]
18 Apr 2010, 11:27 am
Perhaps the Offering Circular (I have not seen it - the SEC complaint says that it is 178 pages) contains a more detailed disclosure, though I suspect not -- Goldman made no reference to it in its press release defending its conduct in the Abacus matter. [read post]
18 Apr 2010, 7:15 am
Suits The blockbuster suit this week is the SEC’s allegation that Goldman Sachs committed fraud in the offering of its ABACUS 2007-AC1 CDO. [read post]
18 Apr 2010, 4:52 am
In addition, he misled ACA into believing that Paulson & Co. invested approximately $200 million in the equity of ABACUS, indicating that Paulson & Co.'s interests in the collateral selection process wer [read post]
17 Apr 2010, 7:12 pm
It lost money when it issued a financial guaranty to some of the ABACUS investors. [read post]
17 Apr 2010, 3:56 pm
The first paragraph of the complaint ends with this sentence: "Synthetic CDOs like ABACUS 2007-AC1 contributed to the recent financial crisis by magnifying losses associated with the downturn in the United States housing market. [read post]
17 Apr 2010, 1:18 pm
Suits The blockbuster suit this week is the SEC’s allegation that Goldman Sachs committed fraud in the offering of its ABACUS 2007-AC1 CDO. [read post]
17 Apr 2010, 11:58 am
I'll endorse the conventional wisdom that Goldman Sachs' Abacus deal does not pass the smell test, but it is a bit more tricky to isolate just why not. [read post]
17 Apr 2010, 8:32 am
” “While Paulson purchased credit protection from Goldman Sachs on securities issued under the ABACUS ABS CDO program, we were not involved in the marketing of any ABACUS products to any third parties. [read post]
17 Apr 2010, 4:00 am
We would like to thank our current Lawyerist advertisers: Abacus Law: Law practice management software. [read post]
16 Apr 2010, 6:11 pm
So far no one seems to be talking about the end-game of the SEC suit against Goldman Sachs over the Abacus CDO. [read post]
16 Apr 2010, 6:11 pm
The Abacus CDO was selling CDS protection on a bunch of dodgy mortgage-backed securities. [read post]
16 Apr 2010, 2:54 pm
ABACUS was structured and marketed by Goldman Sachs. [read post]
16 Apr 2010, 2:54 pm
ABACUS was structured and marketed by Goldman Sachs. [read post]
16 Apr 2010, 2:20 pm
That deal was ABACUS 2007-ACI also known as a “synthetic collateralized debt obligation. [read post]
16 Apr 2010, 1:06 pm
The financial product at issue was a synthetic collateralized debt obligation (CDO), known as ABACUS 2007-AC1 (ABACUS). [read post]
16 Apr 2010, 12:36 pm
Abacus was then marketed and sold to investors such as pension funds, insurance companies and other hedge funds. [read post]
