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Goldman Sachs (GS) wins dismissal of ACA Financial Guaranty's fraud lawsuit over the famed...

Goldman Sachs (GS) wins dismissal of ACA Financial Guaranty's fraud lawsuit over the famed Abacus CDO. ACA claimed it was duped into believing Paulson & Co. was long the CDO when, in fact, the hedge fund was short. A NY appeals court said ACA could have figured this out, but chose not to investigate. Goldman has already paid the SEC $550M over the Abacus deal.
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