The Securities and Exchange Commission's (SEC) actions against Goldman Sachs have  sent  credit default swap spreads spiraling wider not only for Goldman, but  for  the entire banking  sector, according to Fitch Solutions.

According to Fitch, Goldman CDS widened 41% after the SEC's announced civil lawsuit against Goldman that alleged fraud relating to ABACUS 2007-AC1, a CDO that the bank structured and sold in 2007.

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