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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