"It was a mistake for the Goldman marketing materials to state that the reference portfolio was 'selected by' ACA Management LLC without disclosing the role of Paulson & Co. Inc. in the portfolio selection process and that Paulson's economic interests were adverse to CDO investors. Goldman regrets that the marketing materials did not contain that disclosure."
This is exactly what I have said all along. Their marketing materials were clearly deceptive. Nobody with good conscience should have prepared those.
Now GS has to follow through with some employee discipline.