Goldman Sachs' SEC Settlement: Winners and Losers
Wednesday 28th of July 2010 07:20:30 AM
Posted by admin / Under Collateralized Debt Obligation
| The SEC announced a record $550 million settlement with Goldman Sachs, which it sued in April for "making false and misleading statements to investors about a synthetic collateralized debt obligation that was designed to fail." The fine is the largest penalty ever paid by a Wall Street firm, although it's only 4 % of Goldman's 2009 net profit. |
WIREDVC: ICP Capital sued over Client Fraud allegations
Wednesday 28th of July 2010 07:20:30 AM
Posted by admin / Under Collateralized Debt Obligation
| ICP Capital are being sued over allegations that they conducted over $1 billion of trades in collateralized debt obligations (CDO's) that they managed at... |
Financial Sector Report: June 10, 2010
Wednesday 28th of July 2010 07:20:30 AM
Posted by admin / Under Collateralized Debt Obligation
| Financial issues are on the rise pre-market, even as Goldman Sachs' (GS) Hudson Mezzanine collateralized debt obligation will face further scrutiny from the ... |
Goldman Sachs May Face Additional SEC Probe But Unlikely to
Wednesday 28th of July 2010 07:20:30 AM
Posted by admin / Under Collateralized Debt Obligation
| The U.S. Securities and Exchange Commission is probing a $2 billion Goldman Sachs (GS) 2006 collateralized debt obligation called Hudson Mezzanine, Bloomberg... |
Regulating Collateralized Debt Obligations,
Wednesday 28th of July 2010 07:20:30 AM
Posted by admin / Under Collateralized Debt Obligation
| Surprisingly and inexplicably, the Senate and House financial reform bills fail to institute any significant regulation of CDOs. Both bills are entirely silent on synthetic CDOs, and thus have missed the elephant in the room. |
Moody's says it didn't adequately review investments
Wednesday 28th of July 2010 07:20:30 AM
Posted by admin / Under Collateralized Debt Obligation
| CEO: Moody’s performance of credit ratings for U.S. residential mortgage-backed securities and related collateralized debt obligations over the past several years has been deeply disappointing. |
Special Interest
Our Services
Do not forget to check the lastest products and auctions related to Collateralized Debt Obligation as well as our free videos and podcasts.
Find news
"I love the irony — I've spent over 400 hours of my life looking for comets, and haven't found anything, and now, suddenly, when I'm not looking for one, I get one dumped in my lap."...
by Alan Hale
Share this!