
Which of the following best supports the fact that Goldman Sachs was unethical in the Abacus deal?
A) It was given a "triple A" rating for Abacus even though Abacus should have gotten a low rating.
B) It made no effort to ascertain the stability of the real estate market, even though it had the resources and time to do so.
C) It knew that Paulson & Co. had bundled high-risk mortgages into the collateralized debt obligation.
D) It lost $100 million in the Abacus fiasco and endured negative treatment in the media.
Correct Answer:
Verified
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