You're correct. Paulson did suggest 123 bonds that he thought should be included in the CDO. And since Paulson was considered smart by ACA he did have an "exper

You're correct. Paulson did suggest 123 bonds that he thought should be included in the CDO. And since Paulson was considered smart by ACA he did have an "expert" influence on the final offering. BUT. ACA as an independent portfolio selection agent only selected 55 of those. And only those 55 were used. But since the first 123 were selected by Paulson we should ignore this fact. Since we have already dismissed that ACA independently selected the portfolio, we shopuld also dismiss the fact that ACA's parent company invested $900 million in the CDO, because they believed in the validity of their choices. But then again how is that in any way saying that they approved of the contents of the CDO. Since we have established this,let me try and convince some law firms to start a class action against all colleges, universities, b-schools etc for giving students multiple choice questions, to try and influence their judgement that the answer can be something other than the right one. Not exactly the same case as Paulson, ACA and Goldman, but its soooo close!