TVPP TVPA TVPY Cupones Vinculados al PBI

[salvatuti]

[quote="apolo1102
Bueno, es verdad.
Pero esta claro, no ? los que ganan a la larga son los racionales.[/quote]

y...al menos desde que intenté pensar en lugar de "jugarme" me fue mejor...el tiempo te dará la razón
abrazo
salva +2

[ALEJITO-CAPO]

ADONDE ESTAS MARTINNNNNNNNNNNNNNNNNN
NECESITO TUS APORTESSSSSSSSSSSSSSSS

[de_a_poquito]

U.S. Accuses Goldman Sachs of Fraud

Brendan McDermid/Reuters
The new Goldman Sachs global headquarters in Manhattan.

By LOUISE STORY and GRETCHEN MORGENSON
Published: April 16, 2010
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CloseLinkedinDiggFacebookMixxMySpaceYahoo! BuzzPermalink Goldman Sachs, which emerged relatively unscathed from the financial crisis, was accused of securities fraud in a civil suit filed Friday by the Securities and Exchange Commission, which claims the bank created and sold a mortgage investment that was secretly devised to fail.

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The move marks the first time that regulators have taken action against a Wall Street deal that helped investors capitalize on the collapse of the housing market. Goldman itself profited by betting against the very mortgage investments that it sold to its customers.

The suit also named Fabrice Tourre, a vice president at Goldman who helped create and sell the investment.

The instrument in the S.E.C. case, called Abacus 2007-AC1, was one of 25 deals that Goldman created so the bank and select clients could bet against the housing market. Those deals, which were the subject of an article in The New York Times in December, initially protected Goldman from losses when the mortgage market disintegrated and later yielded profits for the bank.

As the Abacus deals plunged in value, Goldman and certain hedge funds made money on their negative bets, while the Goldman clients who bought the $10.9 billion in investments lost billions of dollars.

According to the complaint, Goldman created Abacus 2007-AC1 in February 2007, at the request of John A. Paulson, a prominent hedge fund manager who earned an estimated $3.7 billion in 2007 by correctly wagering that the housing bubble would burst.

Goldman let Mr. Paulson select mortgage bonds that he wanted to bet against — the ones he believed were most likely to lose value — and packaged those bonds into Abacus 2007-AC1, according to the S.E.C. complaint. Goldman then sold the Abacus deal to investors like foreign banks, pension funds, insurance companies and other hedge funds.

But the deck was stacked against the Abacus investors, the complaint contends, because the investment was filled with bonds chosen by Mr. Paulson as likely to default. Goldman told investors in Abacus marketing materials reviewed by The Times that the bonds would be chosen by an independent manager.

“The product was new and complex, but the deception and conflicts are old and simple,” Robert Khuzami, the director of the S.E.C.’s division of enforcement, said in a statement. “Goldman wrongly permitted a client that was betting against the mortgage market to heavily influence which mortgage securities to include in an investment portfolio, while telling other investors that the securities were selected by an independent, objective third party.”

Mr. Paulson is not being named in the lawsuit. In the half-hour after the suit was announced, Goldman Sachs’s stock fell by more than 10 percent.

In recent months, Goldman has repeatedly defended its actions in the mortgage market, including its own bets against it. In a letter published last week in Goldman’s annual report, the bank rebutted criticism that it had created, and sold to its clients, mortgage-linked securities that it had little confidence in.

“We certainly did not know the future of the residential housing market in the first half of 2007 anymore than we can predict the future of markets today,” Goldman wrote. “We also did not know whether the value of the instruments we sold would increase or decrease.”

The letter continued: “Although Goldman Sachs held various positions in residential mortgage-related products in 2007, our short positions were not a ‘bet against our clients.’ ” Instead, the trades were used to hedge other trading positions, the bank said.

In a statement provided in December to The Times as it prepared the article on the Abacus deals, Goldman said that it had sold the instruments to sophisticated investors and that these securities “were popular with many investors prior to the financial crisis because they gave investors the ability to work with banks to design tailored securities which met their particular criteria, whether it be ratings, leverage or other aspects of the transaction.”

Goldman was one of many Wall Street firms that created complex mortgage securities — known as synthetic collateralized debt obligations — as the housing wave was cresting. At the time, traders like Mr. Paulson, as well as those within Goldman, were looking for ways to short the overheated market.

[ALEJITO-CAPO]

Facundito ...... la maxima del capitalismo es que el mercado regula solo, punto.
Pd: o es asi solo cuando nos conviene a los comprados, aunque aclaro que hace un par de dias vendi todos mis bonos.

[salvatuti]

Por favor !!! no seamos tan maricones !

Bajan los precios y se ponen como locasa desesperadas, suben los precios y de ponen como locas euforicas. Es este el comportamiento de un inversor racional ?

apolo si los inversores fuéramos racionales, no habrías podido hacer los manguitos que hiciste el año pasado!!!
abrazo
salva +2

[Gaston89]

Copado lo de GS. Lo unico que faltaba.

La SEC denuncio a GS de fraude.

Me parece que me pongo a laburar y listo.

Slds.

[Pascua]

buaaaaaaaaaaaaaaa no tengo un mango para comprar mas....

[Gaston89]

Me parece que hasta que los tanos no den su punto de vista sobre el Canje esto lateraliza o va para

[Pascua]

Me parece una falta de respeto hacia el capitalismo andar pidiendo que el ESTADO salve las papas.

Tampoco exageremos, los estados nacionales son una creacion del capitalismo.

[Patricio2]

Me parece que los que venden son los que adscriben a la máxima "comprar con el rumor y vender con la noticia".
Yo estoy con las otras dos:
1) Los bonos se compran con el rumor y con la noticia
2) Fundamentos y cojones!!!