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In one of the most important lawsuits in the history of Wall Street, the United States Securities and Exchange Commission has sued Goldman Sachs, alleging fraud in the design and marketing of synthetic collateralized debt oligations (“CDOs”). Professors Darrell Duffie (Stanford Graduate School of Business), an authority on CDO markets, and Joseph Grundfest (Stanford Law School), a former Commissioner of the Securities and Exchange Commission, will explain the operation of the synthetic CDO market and discuss the strengths and weaknesses of the SEC’s complaint.

5:00 p.m. Reception
5:30 p.m. – 8:00 p.m. Panel Discussion
Bishop Auditorium, Stanford Graduate School of Business

Sponsored by the Arthur and Toni Rembe Rock Center for Corporate Governance at Stanford University. This event is free and open to the public.

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