~~Table~~UNITED ofSTATES ~~Contents~~

~~UNITED STATES~~ SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-K

FOR ANNUAL AND TRANSITION REPORTS ~~PURSUANT~~ ~~TO SECTIONS 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934~~

~~(Mark~~PURSUANT ~~One~~TO SECTIONS 13 OR 15(d) OF THE

~~þ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE~~ SECURITIES EXCHANGE ACT OF 1934

~~For~~(Mark ~~the~~One) ~~fiscal year ended December 31, 2010~~

x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

oFor ~~TRANSITION~~the ~~REPORT~~fiscal ~~PURSUANT~~year TOended ~~SECTION~~December 31, 132011 ~~OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934~~

~~For~~OR ~~the transition period from to .~~

~~Commission~~¨ ~~file~~TRANSITION ~~number~~REPORT ~~001-32040~~ PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

~~Corporate~~For ~~Asset~~the ~~Backed~~transition ~~Corporation,~~period from to .

onCommission ~~behalf~~file ~~of CABCO~~number ~~Series 2004~~001-~~1 Trust (Goldman Sachs Capital I)~~32040

~~(Exact~~Corporate ~~name~~Asset Backed Corporation, on behalf of ~~registrant~~CABCO asSeries ~~specified~~2004-1 inTrust ~~its~~(Goldman ~~charter~~Sachs Capital I)

Delaware		22-3281571
(State or Other Jurisdiction		(I.R.S. Employer
of Incorporation or Organization)		Identification No.)
445 Broad Hollow Road, Suite 239, Melville, New York		11747
(Address of Principal Executive Offices)		(Zip Code)

(Exact name of registrant as specified in its charter)

Registrant’s telephone number, including area code: (631) 587-4700

Delaware

22-3281571

(State or Other Jurisdiction of

Incorporation or Organization)

(I.R.S. Employer

Identification No.)

Securities registered pursuant to Section 12(b) of the Act:


68 South Service Road, Suite 120, Melville, New York		11747
(Address of Principal Executive Offices)		(Zip Code)

Title of class		Name of each Exchange on which registered
$62,500,000 CABCO Series 2004-1		New York Stock Exchange
Trust (Goldman Sachs Capital I)
Class A-1 Callable Certificates

Registrant's telephone number, including area code: (631) 587-4700

Securities registered pursuant to Section 12(gb) of the Act: ~~None~~

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes o No þ

Title of class

Name of each Exchange on which registered

$62,500,000 CABCO Series 2004-1

Trust (Goldman Sachs Capital I)

Class A-1 Callable Certificates

New York Stock Exchange

~~Indicate~~Securities byregistered ~~check mark if the registrant is not required to file reports~~ pursuant to Section ~~13 or Section 15~~12(dg) of the Act.: ~~Yes~~None ~~o No þ~~

Indicate by check mark ~~whether~~if the registrant: ~~(1) has~~is ~~filed~~a ~~all~~well-known ~~reports~~seasoned ~~required~~issuer, toas bedefined ~~filed~~in ~~by Section 13~~Rule or405 ~~15(d)~~ of the Securities ~~Exchange Act of 1934 during the preceding 12 months (or for~~ ~~such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days~~Act. Yes þ ¨ No x o

Indicate by check mark ~~whether~~ if the registrant ~~has~~is ~~submitted~~not ~~electronically and posted on its corporate Web site, if any, every Interactive Data File~~ required to befile ~~submitted~~reports ~~and posted~~ pursuant to ~~Rule~~Section ~~405~~13 ofor ~~Regulation~~Section ~~S-T during the preceding 12 months~~ 15(ord) ~~for~~of ~~such shorter period that~~ the ~~registrant was required to submit and post such files)~~Act. Yes o ¨ No x o

Indicate by check mark ifwhether ~~disclosure~~the ofregistrant: ~~delinquent~~(1) has ~~filers~~filed ~~pursuant~~all reports required to ~~Item 405~~be offiled ~~Regulation~~by Section ~~S-K~~13 ~~is not~~or ~~contained~~15(d) ~~herein,~~of ~~and~~the ~~will~~Securities ~~not~~Exchange beAct ~~contained,~~of to1934 during the ~~best~~preceding of12 ~~registrant’s~~months ~~knowledge,~~(or ~~in definitive~~for ~~proxy~~such orshorter ~~information~~period ~~statements~~that ~~incorporated~~the byregistrant ~~reference~~was inrequired to ~~Part III~~file ofsuch ~~this~~reports), ~~Form~~and ~~10-K or~~(2) has ~~any~~been ~~amendment~~subject to ~~this~~such ~~Form~~filing ~~10-K~~requirements for the past 90 days. Yes x No ¨ þ

Indicate by check mark ~~whether~~if ~~the registrant~~disclosure isof adelinquent ~~large~~filers ~~accelerated~~pursuant ~~filer,~~to anItem 405 ~~accelerated~~of ~~filer,~~Regulation S-K ais ~~non-accelerated filer~~not contained herein, orand awill ~~smaller~~not ~~reporting~~be ~~company.~~contained, ~~See~~to the ~~definitions~~best of ~~“large~~registrant's ~~accelerated filer~~knowledge,” ~~“accelerated~~in ~~filer”~~definitive ~~and~~proxy ~~“smaller~~or ~~reporting~~information ~~company”~~statements incorporated by reference in ~~Rule~~Part ~~12b-2~~III of ~~the Exchange~~this ~~Act.~~Form ~~(Check~~10-K ~~one):~~or any amendment to this Form 10-K. x

~~Large~~Indicate by check mark whether the registrant is a large accelerated filer, oan ~~Accelerated~~accelerated filer, or oa ~~Non~~non-accelerated filer. ~~þ(Do~~See ~~not~~definition ~~check~~of if“accelerated afiler ~~smaller~~and ~~reporting~~large ~~company)~~accelerated ~~Smaller~~filer” ~~reporting~~in ~~company~~Rule o12b-2 of the Exchange Act.

~~Indicate~~Large byaccelerated ~~check~~filer ~~mark~~¨ ~~whether~~Accelerated ~~the~~filer ~~registrant~~¨ ~~is a shell company (as defined in Rule 12b~~Non-2accelerated offiler ~~the Act). Yes o No þ~~ x

~~State~~Indicate ~~the~~by ~~aggregate~~check ~~market~~mark ~~value~~whether ~~of voting and non-voting common stock held by non-affiliates of~~ the registrant: ~~All~~is ~~the~~a ~~common~~shell ~~stock~~company of(as ~~Corporate~~defined ~~Asset~~in ~~Backed~~Rule ~~Corporation,~~12b-2 ~~the depositor~~ of the ~~trust, is held by UBS Americas Inc~~Act)., Yes ¨ No x ~~its parent.~~

~~Indicate~~State the ~~number~~aggregate ofmarket ~~shares~~value ~~outstanding~~ of ~~each~~voting ofand ~~the~~non-voting ~~registrant’s~~common ~~classes~~stock ofheld ~~common~~by ~~stock,~~non-affiliates as of the ~~latest practicable date~~registrant: AsAll ofthe ~~March 29, 2011, 100 shares of~~ common stock of Corporate Asset Backed Corporation, the depositor of the trust, ~~par~~is held ~~value~~by ~~$1.00~~UBS ~~per~~Americas ~~share~~Inc., ~~were~~its ~~outstanding~~parent.

~~TABLE~~Indicate OFthe ~~CONTENTS~~number of shares outstanding of each of the registrant’s classes of common stock, as of the latest practicable date: As of March 23, 2012, 100 shares of common stock of Corporate Asset Backed Corporation, the depositor of the trust, par value $1.00 per share, were outstanding.

Part I
	Item 1. Business
	Item 1A. Risk Factors
	Item 1B. Unresolved Staff Comments
	Item 2. Properties
	Item 3. Legal Proceedings
	Item 4. Submission of Matters to a Vote of Security Holders
Part II
	Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
	Item 6. Selected Financial Data
	Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations
	Item 7A. Quantitative and Qualitative Disclosures About Market Risk
	Item 8. Financial Statements and Supplementary Data
	Item 9. Changes in and Disagreements With Accountants on Accounting and Financial Disclosure
	Item 9A. Controls and Procedures
	Item 9B. Other Information
Part III
	Item 10. Directors and Executive Officers of the Registrant
	Item 11. Executive Compensation
	Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters
	Item 13. Certain Relationships and Related Transactions
	Item 14. Principal Accounting Fees and Service
Part IV
	Item 15. Exhibits and Financial Statement Schedules
SIGNATURES
EXHIBIT INDEX
Exhibit 31.1
Exhibit 99.1
Exhibit 99.2

INTRODUCTORY NOTE

~~Table~~The Registrant is a trust (the “Trust”) created by the Trust Agreement, dated as of ~~Contents~~March 8, 2004, between Corporate Asset Backed Corporation, as the depositor (the “Depositor”), and U.S. Bank Trust National Association, as trustee (the “Trustee”), providing for the issuance of $62,500,000 aggregate certificate principal balance of Class A-1 Callable Certificates (the “Class A-1 Certificates”) and Class B-1 Callable Certificates (the “Class B-1 Certificates”, and collectively with the Class A-1 Certificates, the “Certificates”) relating to the 6.345% Goldman Sachs Capital I Capital Securities due February 15, 2034 (the “GS Securities”). The Certificates do not represent obligations of or interests in the Depositor or the Trustee. The Certificates represent beneficial interests in the Trust. The Trust’s assets consist primarily of $62,500,000 principal amount of the GS Securities. The Goldman Sachs Group, Inc., the guarantor of the GS Securities, is subject to the informational requirements of the Securities Exchange Act of 1934, and in accordance with those requirements files periodic and current reports and other information (including financial information) with the Securities and Exchange Commission (“SEC”) (File No. 001-14965). You may read and copy any reports, statements and other information filed by The Goldman Sachs Group, Inc. with the SEC (a) over the Internet at the SEC website at http://www.sec.gov containing reports, proxy statements and other information regarding registrants that file electronically with the SEC and (b) at the SEC’s public reference room at 450 Fifth Street, N.W., Washington, D.C. 20549. You can also request copies of these documents upon payment of a copying fee, by writing to the SEC’s public reference room at 450 Fifth Street, N.W., Washington, D.C. 20549. Please call the SEC at (800) SEC-0330 for further information on The Goldman Sachs Group, Inc. and please refer to these periodic and current reports filed with the SEC.

~~INTRODUCTORY~~Part ~~NOTE~~ I

~~The Registrant is a trust (the “Trust”) created by the Trust Agreement, dated as of March~~Item 8, 2004, between Corporate Asset Backed Corporation, as the depositor (the “Depositor”), and U.S. Bank Trust National Association, as trustee (the “Trustee”), providing for the issuance of $62,500,000 aggregate certificate principal balance of Class A-1 Callable Certificates (the “Class A-1 Certificates”) and Class B-1 Callable Certificates (the “Class B-1 Certificates”, and collectively with the Class A-1 Certificates, the “Certificates”) relating to the 6.~~345%~~ ~~Goldman Sachs Capital I Capital Securities due February 15, 2034 (the “GS Securities”)~~Business. The Certificates do not represent obligations of or interests in the Depositor or the Trustee. The Certificates represent beneficial interests in the Trust. The Trust’s assets consist primarily of $62,500,000 principal amount of the GS Securities. The Goldman Sachs Group, Inc., the guarantor of the GS Securities, is subject to the informational requirements of the Securities Exchange Act of 1934, and in accordance with those requirements files periodic and current reports and other information (including financial information) with the Securities and Exchange Commission (“SEC”) (File No. 001-14965). You may read and copy any reports, statements and other information filed by The Goldman Sachs Group, Inc. with the SEC (a) over the Internet at the SEC website at http://www.sec.gov containing reports, proxy statements and other information regarding registrants that file electronically with the SEC and (b) at the SEC’s public reference room at 450 Fifth Street, N.W., Washington, D.C. 20549. You can also request copies of these documents upon payment of a copying fee, by writing to the SEC’s public reference room at 450 Fifth Street, N.W., Washington, D.C. 20549. Please call the SEC at (800) SEC-0330 for further information on The Goldman Sachs Group, Inc. and please refer to these periodic and current reports filed with the SEC.

~~Table~~Not ofApplicable. ~~Contents~~

~~Part~~Item 1A. I Risk Factors

~~Item 1~~Not Applicable. ~~Business.~~

~~Not Applicable~~Item 1B. Unresolved Staff Comments

~~Item~~Not 1AApplicable. ~~Risk Factors~~

~~Not~~Item 2. ~~Applicable~~Properties.

~~Item~~Not 1BApplicable. ~~Unresolved Staff Comments~~

~~Not Applicable~~Item 3. Legal Proceedings.

~~Item 2~~None. ~~Properties.~~

~~Not~~Item 4. ~~Applicable~~Submission of Matters to a Vote of Security Holders.

~~Item 3~~None. ~~Legal Proceedings.~~

~~None.~~ Part II

Item 4 5. ~~Submission~~Market offor Registrant's Common Equity, Related Stockholder Matters toand aIssuer ~~Vote~~Purchases of ~~Security~~Equity ~~Holders~~Securities.

~~None.~~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.

~~Part~~The IIClass A-1 Certificates are listed on the New York Stock Exchange.

Item 5 6. ~~Market~~Selected ~~for~~Financial ~~Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities~~Data.

~~The~~Not 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 & CoApplicable., ~~the nominee of The Depository Trust Company.~~

~~The Class~~Item ~~A-1~~7. ~~Certificates~~Management's ~~are~~Discussion ~~listed~~and onAnalysis ~~the~~of ~~New~~Financial ~~York~~Condition ~~Stock~~and Results ~~Exchange~~of Operations.

~~Item~~Not 6Applicable. ~~Selected Financial Data.~~

~~Not~~Item 7A. ~~Applicable~~Quantitative and Qualitative Disclosures About Market Risk.

~~Item~~Not 7Applicable. ~~Management’s Discussion and Analysis of Financial Condition and Results of Operations.~~

~~Not Applicable~~Item 8. Financial Statements and Supplementary Data.

~~Table~~Not ofApplicable. ~~Contents~~

Item 7A 9. ~~Quantitative~~Changes in and ~~Qualitative~~Disagreements ~~Disclosures~~With ~~About~~Accountants ~~Market~~on ~~Risk~~Accounting and Financial Disclosure.

~~Not Applicable~~None.

Item 8 9A. ~~Financial~~Controls ~~Statements~~ and ~~Supplementary Data~~Procedures.

Not Applicable.

Item 9 9B. ~~Changes in and Disagreements With Accountants on Accounting and Financial Disclosure~~Other Information.

None.

~~Item~~Part ~~9A.~~III ~~Controls and Procedures.~~

~~Not~~Item 10. ~~Applicable~~Directors and Executive Officers of the Registrant.

~~Item~~Not 9BApplicable. ~~Other Information.~~

~~None~~Item 11. Executive Compensation.

~~Part~~Not ~~III~~ Applicable.

Item 10 12. ~~Directors~~Security Ownership of Certain Beneficial Owners and ~~Executive~~Management ~~Officers~~and ofRelated ~~the~~Stockholder ~~Registrant~~Matters.

~~Not Applicable~~None.

Item 11 13. ~~Executive~~Certain ~~Compensation~~Relationships and Related Transactions.

~~Not Applicable~~None.

Item 12 14. ~~Security~~Principal ~~Ownership~~Accounting ofFees ~~Certain Beneficial Owners~~ and ~~Management~~Services ~~and Related Stockholder Matters.~~

~~None~~Not Applicable.

~~Item~~Part ~~13.~~IV ~~Certain Relationships and Related Transactions.~~

~~None~~Item 15. Exhibits and Financial Statement Schedules.

~~Item~~(a) ~~14.~~Not ~~Principal Accounting Fees and Services~~Applicable.

~~Not~~(b) ~~Applicable~~(1) Certification pursuant to Rule 13a-14 of the Securities Exchange Act of 1934 is filed herewith as Exhibit 31. 1.

~~Table~~(2) The Trustee’s statement of ~~Contents~~compliance with respect to the Trust Agreement is filed herewith as Exhibit 99.1.

~~Part~~(3) IV Report of Aston Bell, CPA is filed herewith as Exhibit 99.2.

~~Item~~(4) ~~15.~~The ~~Exhibits~~Current ~~and~~Reports ~~Financial~~on ~~Statement~~Form 8-K ~~Schedules~~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 Certificate holders, are incorporated herein as Exhibits 99.3 and 99.4.

(ac) Not Applicable.

~~(b)~~SIGNATURES ~~(1) Certification pursuant to Rule 13a-14 of the Securities Exchange Act of 1934 is filed herewith as Exhibit 31.1.~~

Pursuant to the requirements of Section 13 or 15(2d) ~~The~~ ~~Trustee’s~~of ~~statement~~the Securities Exchange Act of ~~compliance~~1934, ~~with~~the ~~respect~~registrant has duly caused this report to be signed on its behalf by the ~~Trust~~undersigned, ~~Agreement~~thereunto isduly ~~filed~~authorized ~~herewith as~~on ~~Exhibit 99~~this 26th day of March 2012.1.

(3) Report of Aston Bell, CPA is filed herewith as Exhibit 99.2.


CORPORATE ASSET BACKED CORPORATION
as Depositor of the
CABCO Series 2004-1 Trust (Goldman Sachs Capital I)

By:		/s/ George Baldwin
Name:		George Baldwin
Title:		Vice President

~~(4) The~~EXHIBIT ~~Current~~INDEX 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 Certificate holders, are incorporated herein as Exhibits 99.3 and 99.4.


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 Certificate holders: Form 8-K Reports filed on February 17, 2011 and August 17, 2011.

~~Table~~* ofPreviously ~~Contents~~filed with the Securities and Exchange Commission

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 29th day of March 2011.

CORPORATE ASSET BACKED CORPORATION as Depositor of the CABCO Series 2004-1 Trust (Goldman Sachs Capital I)
By:	/s/ George Baldwin
	Name:	George Baldwin
	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 Certificate holders: Form 8-K Reports filed on February 22, 2010 and August 19, 2010.

* Previously filed with the Securities and Exchange Commission

Table of Contents

Filing Compare · CABCO SERIES 2004-1 TRUST (GOLDMAN SACHS CAPITAL I)