Here Is The City – ‘Dear Investor, – Many of you have asked questions in the past few days about Paulson & Co.’s (‘Paulson’) participation as an investor in mortgage securities from 2005 through early 2007, and specifically about our investment in a synthetic collateralized debt obligation (‘COO’) which is the subject of a civil complaint by the Securities and Exchange Commission (‘SEC’) against Goldman Sachs.
We wanted to provide you with accurate information and context regarding the decisions we made during this time to preserve and enhance our clients’ capital.
