28.10.2011 Opalesque Exclusive: Basis moves to next phase of litigation process against Goldman Sachs
The undeterred Australian hedge fund is back again in its ongoing war against Goldman Sachs, after the investment bank sold it a hybrid collateralized debt obligation called Timberwolf in 2007, which then collapsed - as did then many other mortgage-linked securities.

Basis Capital Funds Management, based in Sydney, announced today that the Basis Yield Alpha Master Fund had filed proceedings

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