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: Calculated Risk

The SEC and other Banks

By Anonymous

To follow up on the stories from last night, the Financial Times reported in January: SEC subpoenas big banks over CDOs

The Securities and Exchange Commission sent subpoenas [in December 2009] to banks including Goldman Sachs, Credit Suisse, Citigroup, Bank of America/Merrill Lynch, Deutsche Bank, UBS, Morgan Stanley and Barclays Capital, these people said. Requests for information were also made by the Financial Industry Regulatory Authority, which oversees broker-dealers.

The regulators are seeking information about the sale and marketing of so-called synthetic collateralised debt obligations during the financial crisis.
except with permission

So that is a starting list.

And a key story from Jesse Eisinger and Jake Bernstein at ProPublica: The Magnetar Trade: How One Hedge Fund Helped Keep the Bubble Going

Full post as published by Calculated Risk on April 19, 2010 (boomark / email).