Allstate Sues Goldman For Selling 'Crap' Mortgage Securities |
| August 18, 2011 | August 2011 Bond Updates |
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In 2010, Goldman Sachs paid a $550 million fine to the SEC in order to settle charges that it misled investors in the infamous Abacus deal. On Wednesday, another party slapped the firm with a lawsuit over mortgage-backed securities. |
| View more at: http://www.forbes.com/sites/steveschaefer/2011/08/17/allstate-sues-goldman-for-selling-crap-mortgage-securities/ |
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