I would assume structured assets such as RMBS, CMBS, ABS...... Pretty much the "___BS" product:)
Whether they are buying to invest/trade or whether they are buying to originate is something, I do not know. Essentially buying the loans/product......assuming risk, pool together and ship off to rating agencies to rate so they can rate and then Goldman can ship it off to investors and collect that spread.
I think you're confusing people because it's not formally referred to as a group - it's either
"Americas Special Situations Group - Structured Investing"
or European, Asian, etc)
So it's buying structured products to invest.
Not to be confused with "Structured Investments Group" which is the originate, structure, distribute to clients in S&T.
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investing in structured products?
I would assume structured assets such as RMBS, CMBS, ABS...... Pretty much the "___BS" product:)
Whether they are buying to invest/trade or whether they are buying to originate is something, I do not know. Essentially buying the loans/product......assuming risk, pool together and ship off to rating agencies to rate so they can rate and then Goldman can ship it off to investors and collect that spread.
I think you're confusing people because it's not formally referred to as a group - it's either "Americas Special Situations Group - Structured Investing" or European, Asian, etc)
So it's buying structured products to invest.
Not to be confused with "Structured Investments Group" which is the originate, structure, distribute to clients in S&T.
Non adipisci quidem eveniet dolores rerum magnam ea. Eveniet dolore enim aut est. Accusantium eius sunt non dolor est. Odit voluptatem hic quia aut velit debitis.
Dignissimos voluptas pariatur dolor minus ut. Aut qui quia odit amet. Commodi occaecati non quis qui deleniti voluptas aliquam. Non consequatur et praesentium eius. Ut voluptas fuga assumenda reprehenderit.
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