For its structuring and promotion of Abacus 2007-AC1, a complicated mortgage-related security, the SEC brought fraud charges against Goldman Sachs in April 2010. Less than two years following the beginning of the financial crisis that is great, and in the middle of political posturing to shape agendas for the financial reform, the case discusses the marketplace reaction to the lawsuit and also the predicament facing the CEO of Goldman, Lloyd Blankfein.
The price arrangement is examined in detail within the context of the market for mortgage-backed securities. The case could be used in a course on institutions and financial markets or in a class on financial market regulation. Educators could also assign a technical note "The Monetary Regulatory Environment" (UVA-GEM-0103) to give students more background on the U.S. regulatory environment.
SEC versus Goldman Sachs (A) case study solution
PUBLICATION DATE: October 27, 2010 PRODUCT #: UV5683-HCB-ENG
This is just an excerpt. This case is about GLOBAL BUSINESS
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