All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
Derivatives

GS Shorted Just 1% Of CDOs, Says COO

Gary Cohn, president and coo of Goldman Sachs, said the investment bank shorted just 1% of the USD14.5 billion of collateralized debt obligations and USD47 billion of residential mortgage-backed securities it underwrote since late 2006.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree