“Fabulous” Fabrice Tourre, the Goldman Sachs trader at the center of a fraud case involving Goldman’s Abacus collateralized debt obligation, faces an additional complaint from the Securities and Exchange Commission.
Bloomberg reports that the SEC is now accusing Tourre of providing Goldman with the more serious charge of “substantial assistance” in snookering investors into Read More
Lawyers for Fabrice Tourre told a federal court that the Goldman Sachs trader can’t be sued by the Securities and Exchange Commission because Tourre’s dealings in collateralized debt obligations didn’t happened in America, Bloomberg reports.
The Supreme Court has said that if a foreigner buys a security that isn’t from the U.S. on an Read More
Loathe to miss out on the chance to dispense some SEC-style justice, the U.K.’s Financial Services Authority today dished out a $27 million fine to Wall Street titan Goldman Sachs. Goldman’s crime? Failure to report this year’s SEC highly publicized if somewhat ineffectual investigation into its 2007 dealings in collateralized debt obligations.
Readers may Read More
In response to the S.E.C.’s 74 paragraphs of charges against him, the poetic and iconic Goldman Sachs vice president Fabrice Tourre was defiant. He did nothing wrong, he said in a newly-released filing, because, among other things, he’s a citizen of France.
Mr. Tourre, who has been left to fend for Read More
Birds were chirping and the sky over Washington was the color of blueberry taffy before Tuesday’s long-awaited Goldman Sachs hearing.
It was a pretty, harmless morning. The first floor of the Dirksen Senate office building was quiet while rows of reporters set up. A handsome couple from the Financial Times kept an upside-down bottle of Read More
