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Articles Posted in ABACUS 2007-AC1

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Goldman Sachs Settles Securities Fraud Lawsuit Over Abacus CDO

Goldman Sachs Group Inc. (GS) has arrived at a settlement with  ACA Financial Guaranty Corp. The bond insurer’s securities fraud lawsuit accuses the investment bank of fraudulently persuading it to guarantee payments on the , a collateralized debt obligation, prior to the financial crisis. ACA Financial Guaranty claims that Goldman and hedge…

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