Sentences with phrase «abacus deal»

I had a look at the Fitch press release re ABACUS 2005 - 7 (as a sample, I don't know which Abacus Deal Gretchen M was referencing in her article) «ABACUS 2005 - 7 is a leveraged super senior transaction that has issued $ 130 million in credit linked notes.

Earlier this year, the American people got a devastating look at what was really going on inside the SEC that prevented it from bringing fraud charges against higher ups at Goldman Sachs who were involved in the ABACUS deal.

Less than three months after filing its lawsuit on the ABACUS deal, the SEC settled with Goldman Sachs for $ 550 million, bringing charges solely against a low level trader, Fabrice Tourre.

Not exact matches

Back in 2010 it paid $ 550 million to settle charges brought by the Securities and Exchange Commission that it mislead investors into buying a so - called synthetic collateralized debt obligation named Abacus, which was made up of a bundle of financial instruments tied to subprime mortgage bonds, many of which plummeted in value shortly after the deal was sold.

One particularly slimy and illegal deal done by Goldman Sachs was the 2007 ABACUS.

If you like dealing with people and are good at networking and developing relationships, consider becoming an Abacus Group Executive Recruiter.