Home > Uncategorized > Court Dismisses Fraud Claims Over Goldman Abacus CDO

Court Dismisses Fraud Claims Over Goldman Abacus CDO

See on Scoop.itWall Street Fraud n Corruption

An appeals court threw out a case against Goldman Sachs brought by a bond insurer who claimed it was fraudulently induced to insure a product tied to subprime mortgages. 

Laser Haas‘s insight:

In other words – Goldman Sachs is BAD – but Abacus loses its chance to redress; becuase it should already be aware that Goldman Sachs is Bad!

See on www.foxbusiness.com

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Categories: Uncategorized
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