Goldman Sachs Mortgage Bets
The synthetic CDOs being reviewed typically don’t contain actual mortgages, the Times said. Instead, the CDOs bundled credit-default swaps, a type of insurance that can require an investor on one side of the contract to pay the other side when debts go into default.
The Financial Industry Regulatory Authority, which polices broker-dealers, is looking into whether firms such as Goldman Sachs Group Inc. Read more
News: Tiger Woods’ Wife Steps Out Without Wedding Ring
Wow, Tiger Woods is such a lying jerk, leading all those women on that he was available. how in the world did he keep them from finding out he was married? and they are such saints! at least that is what the post here seem to say, it’s all tiger’s fault.
First public appearance since her husband’s sex scandal, Elin Nordegren.Missing: Her wedding ring. Nordegren, 29, regularly wears her wedding ring in public. Read more
