[Vaduz]

Goldman misled clients by failing to give adequate disclosure,just like Obama did and yet they get nailed for it.

[SeekAndFind]

Goldman misled clients by failing to give adequate disclosure,just like Obama did and yet they get nailed for it.

Goldman's argument is the following :

1) The counter-parties to this CDO investment were sophistacted ivnestors themselves - ACA and the German bank KNEW the risk and had a hand in looking at what comprised the portfolio before going long on the trade. That they were on the losing side of the trade goes with every other trading risk.

2) Goldman Sachs themselves participated in the losing side of the trade and losed over $90 Million.

[Toddsterpatriot]

Goldman misled clients by failing to give adequate disclosure

What do you feel they failed to disclose?