Thursday, August 9, 2012

Abacus article from International Business Times - U.S. Won't Prosecute Goldman Sachs Over Deceit Of Investors

Author wrote : " U.S. Won't Prosecute Goldman Sachs Over Deceit Of InvestorsInternational Business TimesCarl Levin, D-Mich., in April 2011 found that Goldman marketed four sets of complex mortgage securities, called Abacus, to banks and other investors but failed to tell clients how risky they were. The panel said Goldman secretly bet against its investors' "

Read original Abacus article

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