{"id":55107,"date":"2016-11-04T11:39:55","date_gmt":"2016-11-04T15:39:55","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=55107"},"modified":"2016-11-04T11:39:55","modified_gmt":"2016-11-04T15:39:55","slug":"goldman-sachs-paulson-settle-fraud-lawsuit-over-abacus","status":"publish","type":"post","link":"https:\/\/www.hedgeco.net\/news\/11\/2016\/goldman-sachs-paulson-settle-fraud-lawsuit-over-abacus.html","title":{"rendered":"Goldman Sachs, Paulson settle fraud lawsuit over Abacus"},"content":{"rendered":"<p>\n(Reuters) Goldman Sachs Group Inc (GS.N) has settled a 2011 lawsuit claiming the investment bank fraudulently induced a bond insurer to guarantee payments on the doomed Abacus collateralized debt obligation ahead of the financial crisis.<\/p>\n<p>ACA Financial Guaranty Corp claimed Goldman and the hedge fund headed by John Paulson tricked it into insuring the CDO, which was tied to subprime mortgage securities.<\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/us-goldman-sachs-abacus-lawsuit-idUSKBN12Y2W4\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) Goldman Sachs Group Inc (GS.N) has settled a 2011 lawsuit claiming the investment bank fraudulently induced a bond insurer to guarantee payments on the doomed Abacus collateralized debt obligation ahead of the financial crisis. ACA Financial Guaranty Corp claimed [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-55107","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/55107","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=55107"}],"version-history":[{"count":1,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/55107\/revisions"}],"predecessor-version":[{"id":55108,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/55107\/revisions\/55108"}],"wp:attachment":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=55107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=55107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=55107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}