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Tag: aca

Ex-Goldman Trader Bought Major Stake in ACA, Shorted Subprime CDOs

by Kevin Connor
April 26, 2010

The Goldman-Paulson fraud suit threatens to throw a spotlight on a realm of Wall Street that has escaped most scrutiny throughout the financial crisis: the hedge fund industry. Top hedge fund managers profit from Wall Street’s business model of fraud and collusion more than any CEO at the big banks, but tend to evade accountability …

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