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Tag archive for ‘Abacus’

  • Darth Goldman: The Enterprise Value Strikes Back

    Darth Vader

    Yesterday, Goldman Sachs settled fraud charges associated with Abacus CDOs for $550 million. Not surprisingly, the settlement excluded Fabrice P. Tourre, who will no doubt be hung out to dry as the Tourre de Toxic winds to a close.

    Personally, I think the government just got pimp-slapped. Here are five reasons why:

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