Tag:
Magnetar
Latest Headlines
Latest Headlines
SEC may charge S&P over faulty CDO ratings
Civil action may be coming from the SEC against Standard & Poor's over a troubled 2007 CDO offering that was awarded a top AAA rating. S&P says it has received a Wells notice, informing it
Collateral managers at issue as SEC probes Magnetar CDO
There's been some grumbling on Wall Street as to why Goldman Sachs was prosecuted for its ABACUS CDO deals while other firms that engaged in similar trades have not. To be sure, the SEC and the DOJ
Did CDO created for Magnetar have better disclosure?
It's unclear why the SEC ( SEC news) decided to focus on a single CDO ( CDO news) underwritten by a single firm. It may be because it thought it had especially strong evidence regarding ABACUS 2007 CDO
