April 23, 2010 - Goldman Sachs, Synthetic CDOs, and … Fraud?
Goldman Sachs, Synthetic CDOs, and … Fraud? By Bill Conerly, Conerly Consulting, Businomics, The Goldman Sachs fraud charges certainly make the company look sleazy, but one key fact seems not to be discussed too much: the securities involved were synthetic CDOs, and I think that makes a big difference. The […]