第三节高盛的历史：一部欺诈和被起诉史（5）

为了让读者能有更多的了解，我把美国证监会关于高盛和解的公告附在了下面。

ThefullSECnewsreleaseisbelow:

GOLDMANSACHSTOPAYRECORD$550MILLIONTOSETTLESECCHARGESRELATEDTOSUBPRIMEMORTGAGECDO

FirmAcknowledgesCDOMarketingMaterialsWereIncompleteandShouldHaveRevealedPaulson’sRole

Washington,DC,July15,2010-TheSecuritiesandExchangeCommissiontodayannouncedthatGoldmanSachs&Cowillpay$550millionandreformitsbusinesspracticestosettleSECchargesthatGoldmanmisledinvestorsinasubprimemortgageproductjustastheUShousingmarketwasstartingtocollapse

InagreeingtotheSEC’slargesteverpenaltypaidbyaWallStreetfirm,Goldmanalsoacknowledgedthatitsmarketingmaterialsforthesubprimeproductcontainedincompleteinformation

InitsApril16complaint,theSECallegedthatGoldmanmisstatedandomittedkeyfactsregardingasyntheticcollateralizeddebtobligation(CDO)itmarketedthathingedontheperformanceofsubprimeresidentialmortgage-backedsecuritiesGoldmanfailedtodisclosetoinvestorsvitalinformationabouttheCDO,knownasABACUS2007-AC1,particularlytherolethathedgefundPaulson&CoIncplayedintheportfolioselectionprocessandthefactthatPaulsonhadtakenashortpositionagainsttheCDO

InsettlementpaperssubmittedtotheUSDistrictCourtfortheSouthernDistrictofNewYork,Goldmanmadethefollowingacknowledgement:

GoldmanacknowledgesthatthemarketingmaterialsfortheABACUS2007-AC1transactioncontainedincompleteinformationInparticular,itwasamistakefortheGoldmanmarketingmaterialstostatethatthereferenceportfoliowas“selectedby”ACAManagementLLCwithoutdisclosingtheroleofPaulson&CoIncintheportfolioselectionprocessandthatPaulson’seconomicinterestswereadversetoCDOinvestorsGoldmanregretsthatthemarketingmaterialsdidnotcontainthatdisclosure

“HalfabilliondollarsisthelargestpenaltyeverassessedagainstafinancialservicesfirminthehistoryoftheSEC,”saidRobertKhuzami,directoroftheSEC’sDivisionofEnforcement“ThissettlementisastarklessontoWallStreetfirmsthatnoproductistoocomplex,andnoinvestortoosophisticated,toavoidaheavypriceifafirmviolatesthefundamentalprinciplesofhonesttreatmentandfairdealing”

LorinLReisner,deputydirectoroftheSEC’sDivisionofEnforcement,added,“Theunmistakablemessageofthislawsuitandtoday’ssettlementisthathalf-truthsanddeceptioncannotbetoleratedandthattheintegrityofthesecuritiesmarketsdependsonallmarketparticipantsactingwithuncompromisingadherencetotherequirementsoftruthfulnessandhonesty”