(Bloomberg) Goldman Sachs might have a problem called Abacus. Again. Financial types will recall that in the wake of the 2008 crisis, a synthetic CDO by the name of Abacus became a poster-child of irresponsible Wall Street behavior. Regulators ended up slapping Goldman Sachs with a then-unprecedented fine of $550 million.
Goldman is Fighting a New Abacus Battle With an Angry Hedge Fund
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