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Goldman settles lawsuit over Abacus payments

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Goldman Sachs has settled a 2011 lawsuit claiming the investment bank fraudulently induced a bond insurer to guarantee payments on the doomed Abacus collateralized debt obligation ahead of the financial crisis.

Goldman to face Abacus lawsuit

Pointing The Finger

Goldman Sachs will have to defend in court against an investment insurer’s claims that it lied about billionaire John Paulson’s position in a security known as Abacus.

The Guilty Pleasure That Is Abacus

Abacus

Guilty Pleasures are now a ubiquitous part of London’s nightlife. You know the drill. Take a once-famous nightclub, dress it up in ironic décor, and play music that you might love and even own (Toto, Foreigner, the Kids from Fame), but would never admit to. (Well certainly not to anyone that you were trying to impress.)

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Goldman Sachs Still

Goldman settles lawsuit over Abacus payments

Goldman Sachs has settled a 2011 lawsuit claiming the investment bank fraudulently induced a bond insurer to guarantee payments on the doomed Abacus collateralized debt obligation ahead of the financial crisis.

Pointing The Finger

Goldman to face Abacus lawsuit

Goldman Sachs will have to defend in court against an investment insurer’s claims that it lied about billionaire John Paulson’s position in a security known as Abacus.