Hedge Fund News From HedgeCo.Net


Paulson hedge fund seeks dismissal of Abacus lawsuit

Chicago Tribune – Paulson & Co asked a judge to dismiss a lawsuit accusing the firm of conspiring with Goldman Sachs Group Inc to get a bond insurer to guarantee payments on an investment allegedly designed to fail.

In a filing in New York on Monday, Paulson said it “made no misrepresentations” to ACA Financial Guaranty about the collateralized debt obligation known as Abacus.

Read Complete Article

Related Posts Plugin for WordPress, Blogger...
This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply