In particular, the commission sought records on collateralized debt obligations based on mortgage-backed securities, and the names of Goldman's customers in transactions of derivatives.
Finally, Goldman has been widely criticized for its actions leading up to the financial crisis, and it paid $550 million to settle fraud charges filed by the Securities and Exchange Commission in connection with the issuance of collateralized debt obligations based on mortgage securities.
The challenge the S.E.C. faces in holding individuals liable for corporate misconduct came even clearer when it filed a motion to dismiss charges against Edward S. Steffelin for his role in putting together a synthetic collateralized debt obligation based on mortgage securities that was sold by JPMorgan Chase.
I then present a slightly different model of enforcement based on collateralized lending where (i) is necessary, but (ii) is not.
Abra runs a single global platform that enables investment exposure to dozens of different assets all based upon collateralized Bitcoin contracts.
The film barely mentioned that Paulson was the head of Goldman Sachs when his company deceptively packaged and sold the collateralized debt obligations (CDOs) based on the subprime and Alt A mortgages that proved so toxic.
The S.E.C. sued Mr. Stoker and Citigroup, accusing them of misleading investors in the sale of a collateralized debt obligation, or C.D.O., based on subprime mortgages in 2007.
CDOs, or collateralized debt obligations, are securities based on the value of other securities, like home mortgage bonds.
The Ponzi scheme was based on the collateralized debt obligations (CDOs) in which the bankers traded and which AIG had insured with the credit default swaps (CDSs) that they sold but failed to back with adequate funding.
After several minutes of verbal sparring, he conceded that it might stand for "collateralized debt obligation".
Mortgage-based versions of collateralized debt obligations were especially profitable.
