Goldman Sachs investors who claim they were harmed by conflicts of interest related to collateralized debt obligation transactions won permission to pursue their lawsuit as a group.
Paulson & Co. Inc. is an employee owned hedge fund sponsor. The firm primarily provides its services to pooled investment vehicles. It also manages accounts for banking or thrift institutions, pension and profit sharing plans, and corporations.
Almost six years after Lehman Brothers filed for the largest bankruptcy in history, triggering a global market meltdown, hedge funds are still feeding on its remains.