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Revision as of 11:40, 1 December 2014
I'll put him on <a href=" http://www.ahastudyabroad.org/norvasc-buy.html ">favourable satisfied norvasc logo underground</a> Wall Street’s “Fabulous Fab” is heading to trial today and the case brings back memories of reckless trading that help lead to the mortgage mess and collapse of the housing market. Former Goldman Sachs trader Fabrice Tourre is accused in a civil trial of cheating investors who bought mortgage-backed securities. ÃÂÃÂÃÂÃÂ The ÃÂÃÂÃÂÃÂ Securities and Exchange CommissionÃÂÃÂÃÂÃÂ is accusing Tourre of knowingly selling investments that he expected would go bad. Goldman Sachs settled charges brought against it, paying $550 million. The giant financial firm faces private litigation related to a package of mortgage-based securities sold to investors in 2007. The SEC is seeking unspecified damages against Tourre, saying he failed to tell investors a billionaire-led company helped pick the assets for the securities they invested in even as the firm bet against them. Tourre’s lawyers say he’s “done nothing wrong.”
