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SEC Kabuki Theater: Ex-Goldman Trader Found Liable in Mortgage Deal

On Thursday, Wall Street’s regulator, the Securities and Exchange Commission, won its first suit against an employee of a big American bank involved in bad mortgage deals sold to investors before the financial crash. Fabrice Tourre, a former trader at Goldman Sachs, was found liable on ...

0 Comments Crooks and Liars Popular august 03 13

SEC elated after claiming Tourre’s scalp

Former Goldman trader is a symbol of Wall Street greed for the regulator, which is celebrating a rare win after accusing him of defrauding investors ... August 02 13

Tourre Jurors Seek Clarification

Jurors weighing the fate of former Goldman trader Fabrice Tourre sent out a flurry of notes seeking clarification on aspects of complex securities laws. ... News US August 01 13

Under Scrutiny, Goldman Offers to Speed Metal Delivery

The bank said it would offer immediate access after regulators began to investigate how delays at commodities warehouses had influenced prices. ...

0 Comments NYT > Business August 01 13

Goldman, After Pressure, to Speed Aluminum Deliveries

The Wall Street bank said it would provide immediate delivery of aluminum to its warehouse customers, in response to complaints about the availability of the metal. ... News US July 31 13

Former Goldman Trader Is Found Liable in Mortgage Deal

Fabrice Tourre, the former Goldman Sachs trader at the center of a toxic mortgage deal sold to investors on the eve of the financial crisis, was found liable on six of the seven civil charges against him. ...

0 Comments DealBook NyTimes Popular august 03 13

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