Structuring Deals News Today

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The fabulous -- >> yes, yes. look, hes -- you know, one of the things i got my hands on in the last 24 hours was the document they used to sell this deal, its called abacus. his name is rather far down on the list of goldman employees involved with the thing. and the trader whos at the center of it has been mentioned in the newspaper reports but not the s.e.c. suit. jonathan egal. jonathan egal was legendary for structuring deals that enabled him to get short the sub prime market. so it would ...

>> yes, yes. look, hes -- you know, one of the things i got my hands on in the last 24 hours was the document they used to sell this deal, its called abacus. his name is rather far down on the list of goldman employees involved with the thing. and the trader whos at the center of it has been mentioned in the newspaper reports but not the s.e.c. suit. jonathan egal. jonathan egal was legendary for structuring deals that enabled him to get short the sub prime market. so it would really surprise me...

Everer of it has been mentioned in the newspaper reports but not the suit. jonathan egal was legendary for structuring deals that enabled him to get short the sub prime market. so it would really surprise me if this deal was structured so he could be long the sub prime market in march of 2007. i mean, its -- the whole thing -- it smells. but i would say this -- this is very important to realize. that this is not a case of an isolated transaction. it was pretty standard practice for -- in this ma...