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Examples

  • What's the difference between the mortgage deal named Aquarius and the one called Abacus?

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  • He said he called Abacus after hearing the news from his mother.

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  • The class action is grouping together a number of shareholders who say the firm's activities around one now notorious security, known as Abacus, have caused them massive losses.

    Goldman Sachs targeted as 'Jaws' joins battle over banking crash

  • In 2010, Goldman settled civil-fraud charges with the SEC over allegations it made about a transaction called Abacus.

    Probe Into Goldman Widens

  • While Goldman agreed to pay $550 million last year to settle Securities and Exchange Commission allegations that the bank misled clients on one such mortgage-linked security, a collateralized-debt obligation called Abacus, the Senate report said Goldman deceived clients in other CDO deals.

    Probe Into Goldman Widens

  • According to the crisis commission report, Goldman bought credit default swaps from AIG as a form of insurance on investments known as Abacus, which were pools of mortgage-linked securities.

    Goldman Sachs Nets Billions From AIG In New 'Backdoor Bailout'

  • Last year, Goldman paid an additional $550 million to settle accusations by the Securities and Exchange Commission that the company duped customers in the sale of a mortgage deal called Abacus 2007-AC1.

    Goldman Discloses CFTC Probe

  • In the most significant example, Goldman Sachs Group Inc. agreed to pay $550 million last year to settle an SEC investigation into whether it duped investors in a CDO deal called Abacus 2007-AC1.

    SEC Eyes Charges For Bond Players

  • Those charges related to losses incurred by non-U.S. investors in a Goldman deal called Abacus 2007-AC1.

    Mortgage Win for Goldman

  • As part of last year's settlement of civil-fraud charges with the Securities and Exchange Commission, Goldman admitted making mistakes but denied wrongdoing in its handling of a mortgage-bond deal called Abacus 2007-AC1.

    Goldman Braces for Federal Subpoenas

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  • a device made of beads and rods used for counting: The abacus has been used for solving Math problems for thousands of years. (newbury house dictionary)

    October 30, 2010