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The Banker at the Center of the Storm

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Fabrice Tourre joined Goldman Sachs in 2001 right out of Stanford University. He worked in the mortgage securitization trading operation. Emails written by him are helping the SEC investigate whether Goldman knew but did not share with investors the way in which hedge fund John Paulson & Co. helped select the underlying mortgage backed assets he was going to bet against. One former SEC lawyer says, the SEC may be hoping that Fabrice Tourre, the 27 year old Frenchman who joined Goldman right out of Stanford University, would be easier to put pressure on to reveal what he knows and other fradulent transactions.

The SEC, Goldman Sachs and the emails in the Fabrice Tourre mortgage securitization case

04/22/2010

Grouped Articles

The Banker at the Center of the Storm

BusinessWeek 04/22/2010

Goldman's Take-No-Prisoners Attitude

Wall Street Journal 04/26/2010

Investigators Interview Tourre

Wall Street Journal 04/26/2010

Meet the Real Villain of the Financial Crisis

New York Times 04/27/2010

Goldman Chief Defends Firm’s Actions on Mortgage Deals

New York Times 04/27/2010

Sachs and the shitty

Economist 04/29/2010

Goldman Sachs, Paulson, and the S.E.C. suit in the Abacus case.

05/04/2009

Paulson had Goldman Sachs structure as ecurity out of handpicked bad apples in the mortgage securities market, Goldman then sells these securities to institutional investors without disclosing what Paulson had done and without disclosing that Paulson had bet heavily against them.

Grouped Articles

Goldman Sachs: Don't Blame Us

BusinessWeek 04/01/2010

Goldman's stacked Bet.

New York Times 04/17/2010

Abacus Deal: As Bad as They Come

Wall Street Journal 04/20/2010

Goldman's Trust Deficit

Wall Street Journal 04/20/2010

Sachs and the shitty

Economist 04/29/2010

SEC Tries to Rebuild Its Reputation

Wall Street Journal 09/12/2013


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