Wednesday, January 2, 2013

Paulson in Goldman/Abacus suit



From Bloomberg: Paulson & Co. was named as a defendant in a proposed revised lawsuit by ACA Financial Guaranty Corp. against Goldman Sachs over a collateralized debt obligation called Abacus.

Paulson conspired with Goldman Sachs to deceive ACA Financial, which provided financial guaranty insurance for the deal, ACA Financial said in papers filed yesterday in Manhattan….

http://www.nypost.com/p/news/business/paulson_in_abacus_suit_vjatNeXuEkpEmOk9ozNlRL

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