Reverse Engineering the ABACUS Timeline
[Hat Tips: Many thanks to @alea_, @crookery_, and @interfluidity.] If only I had the offering circular for the Goldman-structured synthetic sub-prime mortgage CDO ABACUS 2007-AC1, which ostensibly closed on April 26, 2007, I might be able to fill in some of the gaps in what’s been publicly reported/leaked about the deal. Alas, I don’t, and so I’m left to speculate. I’ll try to sum up what I...