CABCO SERIES 2004-1 TRUST (GOLDMAN SACHS CAPITAL I)
Not Applicable.
Not Applicable.
Not Applicable.
Not Applicable.
None.
None.                                       PART II
The Certificates issued by CABCO Series 2004-1 Trust (Goldman Sachs Capital      I) represent investors' interests in the Trust and are represented by one      or more physical certificates registered in the name of Cede & Co., the      nominee of The Depository Trust Company.       The Class A-1 Certificates are listed on the New York Stock Exchange.
Not Applicable.
Not Applicable.
Not Applicable.
Not Applicable.
None.
Not Applicable.
None.                                      PART III
Not Applicable.
Not Applicable.
None.
None.
Not Applicable.                                         PART IV
(a)  Not Applicable.  (b)  (1) Certification pursuant to Rule 13a-14 of the Securities Exchange Act of      1934 is filed herewith as Exhibit 31.1.       (2) The Trustee's statement of compliance with respect to the Trust      Agreement is filed herewith as Exhibit 99.1.       (3) Report of Aston Bell, CPA is filed herewith as Exhibit 99.2.       (4) The Current Reports on Form 8-K filed by Corporate Asset Backed      Corporation during the Fiscal Year on behalf of CABCO Series 2004-1 Trust      (Goldman Sachs Capital I) that included distribution reports to the      respective Certificateholders, are incorporated herein as Exhibits 99.3 and      99.4.  (c)  Not Applicable.                                       SIGNATURES       Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized on this 22nd day of March 2006.                                          CORPORATE ASSET BACKED CORPORATION                                         as Depositor of the                                         CABCO Series 2004-1 Trust (Goldman Sachs                                         Capital I)                                           By: /s/ Robert D. Vascellaro                                             ------------------------------------                                         Name: Robert D. Vascellaro                                         Title: Vice President                                                  EXHIBIT INDEX    Exhibit No.    Description of Document - -----------    -----------------------   31.1           Rule 13a-14 Certification.  99.1           Trustee Statement of Compliance with respect to CABCO Series                2004-1 Trust (Goldman Sachs Capital I).  99.2           Report of Aston Bell, Certified Public Accountant.  99.3 - 99.4*   Current Reports on Form 8-K filed by Corporate Asset Backed                Corporation during the Fiscal Year on behalf of CABCO Series                2004-1 Trust (Goldman Sachs Capital I) that included distribution                reports to the Certificateholders: Form 8-K Reports filed on                March 1, 2005 and August 19, 2005.   *    Previously filed with the Securities and Exchange Commission     EX-31.1 2 y19024bexv31w1.txt CERTIFICATION                                                                    Exhibit No. 31.1             CERTIFICATION UNDER RULE 13A-14 OF THE SECURITIES EXCHANGE             ACT OF 1934 FOR CABCO SERIES 2004-1 TRUST (GOLDMAN SACHS             CAPITAL I) ANNUAL REPORT ON FORM 10-K FOR THE FISCAL YEAR                              ENDED DECEMBER 31, 2005  I, Robert D. Vascellaro, certify that:       1. I have reviewed this annual report on Form 10-K, and all reports on Form      8-K containing distribution or servicing reports filed in respect of the      periods included in the year covered by this annual report, filed by      Corporate Asset Backed Corporation, on behalf of CABCO Series 2004-1 Trust      (Goldman Sachs Capital I);       2. Based on my knowledge, the information in these reports, taken as a      whole, does not contain any untrue statement of a material fact or omit to      state a material fact necessary to make the statements made, in light of      the circumstances under which such statements were made, not misleading as      of the last day of the period covered by this annual report;       3. Based on my knowledge, the distribution or servicing information      required to be provided to the depositor by the trustee under the pooling      and servicing, or similar, agreement, for inclusion in these reports is      included in these reports;       4. I am responsible for reviewing the activities performed by the depositor      and the trustee under the pooling and servicing, or similar, agreement and      based upon my knowledge and the annual compliance review required under      that agreement, and except as disclosed in the reports, the depositor and      trustee have each fulfilled its obligations under that agreement; and       5. The reports disclose all significant deficiencies relating to the      compliance by the trustee and the depositor with the minimum servicing      standards or similar standards based upon the report provided by an      independent public accountant, after conducting a review in compliance with      the Uniform Single Attestation Program for Mortgage Bankers or similar      procedure, as set forth in the pooling and servicing, or similar,      agreement, that is included in these reports.  In giving the certifications above, I have reasonably relied on information provided to me by the following unaffiliated parties: U.S. Bank Trust National Association, as trustee.  Date: March 22, 2006                                           By: /s/ Robert D. Vascellaro                                             ------------------------------------                                         Name: Robert D. Vascellaro                                         Title: Vice President,                                         Corporate Asset Backed Corporation     EX-99.1 3 y19024bexv99w1.txt TRUSTEE STATEMENT OF COMPLIANCE                                                                    Exhibit No. 99.1                           TRUSTEE STATEMENT OF COMPLIANCE  I, David J. Kolibachuk, acting on behalf of U.S. Bank Trust National Association (the "Trustee"), hereby certify that the Trustee has fulfilled its obligations as trustee under the trust agreement, dated March 8, 2004, between Corporate Asset Backed Corporation, as depositor, and the Trustee, with respect to the CABCO Series 2004-1 Trust (Goldman Sachs Capital I) during the period from January 1, 2005 to December 31, 2005.  Date: February 27, 2006                                          U.S. BANK TRUST NATIONAL ASSOCIATION,                                         as Trustee of                                          CABCO Series 2004-1 Trust (Goldman Sachs                                         Capital I)                                           By: /s/ David J. Kolibachuk                                             ------------------------------------                                         Name: David J. Kolibachuk                                         Title: Vice President     EX-99.2 4 y19024bexv99w2.txt REPORT OF ASTON BELL, CERTIFIED PUBLIC ACCOUNTANT                                                                    Exhibit No. 99.2             [On Letterhead of Aston Bell, Certified Public Accountant]                           INDEPENDENT ACCOUNTANT'S REPORT  Corporate Asset Backed Corporation, (as Depositor) 445 Broad Hollow Road, Suite 239 Melville, NY 11747  U.S. Bank Trust National Association Corporate Trust Services 100 Wall Street, Suite 1600 New York, NY 10005  Re: CABCO Series 2004-1 Trust (Goldman Sachs Capital I) (the "Trust")  Ladies and Gentlemen:  We have examined assertions of Corporate Asset Backed Corporation (the "Depositor") and U.S. Bank Trust National Association, (the "Trustee" and, together with the Depositor, the "Management") that the Depositor and the Trustee have complied, in all material respects, with the provisions of the Trust Agreement dated as of March 8, 2004, (the "Trust Agreement") in respect of the CABCO Series 2004-1 Trust (Goldman Sachs Capital I) (the "Trust"), during the periods covered by the annual report on Form 10-K filed by the Depositor on behalf of the Trust for the year ended December 31, 2005 (the "Annual Report"). Management is responsible for compliance with the Trust Agreement. Our responsibility is to express an opinion on Management's assertions based on our examination.  Our examination was made in accordance with attestation standards established by the American Institute of Certified Public Accountants and, accordingly, included examining, on a test basis, evidence about the Depositor's and the Trustee's compliance with the Trust Agreement and performing such other procedures as considered necessary in the circumstances. We believe that our examination provides a reasonable basis for our opinion.  In our opinion, the Depositor and the Trustee have complied, in all material respects, with the Trust Agreement during the period covered by the Annual Report and Management's assertions with respect to such compliance are fairly stated, in all material respects, for the year ended December 31, 2005.   /s/ Aston Bell, CPA - ------------------------------------- New York, New York March 15, 2006    -----END PRIVACY-ENHANCED MESSAGE-----