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Exploring the World of Fintech Venture Capital (VC) Firms: Revolutionizing the Financial Industry - Vimarsana News

Exploring the World of Fintech Venture Capital (VC) Firms: Revolutionizing the Financial Industry

The financial industry has undergone a profound transformation in recent years, thanks to the rise of Financial Technology, or Fintech. Fintech refers to the

Detailed text transcripts for TV channel - CNN - 20100420:05:46:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100420:05:46:00

The fabulous -- >> yes, yes. look, he's -- 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, it's called abacus. his name is rather far down on the list of goldman employees involved with the thing. and the trader who's 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 if this deal was structured so he could be long the sub prime market in march ...

Detailed text transcripts for TV channel - CNN - 20100420:03:49:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100420:03:49:00

>> yes, yes. look, he's -- 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, it's called abacus. his name is rather far down on the list of goldman employees involved with the thing. and the trader who's 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 if this deal was structured so he could be long the sub prime market in march of 2007. i mean, i...

Detailed text transcripts for TV channel - CNN - 20100420:02:47:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100420:02:47:00

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, it's -- 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 market, for the people who were short the market to in effect pick the loans that went into the -- in...