Goldman SEC charges to spark cases against others
Uploaded on Apr 22, 2010 / 832 views / 916 impressions / 0 comments
Description
The SEC's charge against Goldman, Sachs and Co. (NYSE:GS) for
failing to disclose that hedge fund Paulson & Co. helped
structure a synthetic CDO that was marketed to investors is "going
to give lots of people ideas about not only about Goldman's
structure but also about other primary dealers who were structuring
similar deals at the same time," says Francine McKenna, an
accounting consultant who writes the blog re: The Auditors, in this
video interview with The Deal.