Stanford experts assess SEC-Goldman suit, stress need to better regulate financial markets
Tuesday, May 4, 2010 - 15:30
in Mathematics & Economics
(PhysOrg.com) -- Two Stanford experts on the finance industry distinguished between ethical and legal issues during a public analysis of the Securities and Exchange Commission's lawsuit against Goldman Sachs' allegedly fraudulent Abacus deal. Both came down in favor of stiffer regulation of derivative markets.