GS Sued Over Pension Fund’s MBS Investment
Dutch pension fund Vervoer has filed a lawsuit in the U.K. charging that Goldman Sachs Asset Management acted negligently when it invested the fund’s money in subprime mortgage-backed securities in 2007, even as the Goldman Sachs’ proprietary desk was short-selling the MBS.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast