Goldman Sachs Reportedly Under Second SEC Probe

Goldman Sachs Group’s $2 billion Hudson Mezzanine CDO, sold in 2006, is the target of a probe by the SEC. The Hudson Mezzanine 2006-1 CDO contained credit default swaps that referenced $2 billion in subprime, BBB-rated residential mortgage-backed securities. The probe is preliminary and it’s too early to say if it will result in new charges against Goldman  – Bloomberg