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SEC: Tourre duped investors over mortgage deal to ‘feed Wall Street greed’

Gordon Gekko has nothing on him.
Former Goldman Sachs banker Fabrice Tourre duped investors about a complex $1 billion mortgage deal that was doomed to fail to “feed Wall Street greed,” a government lawyer charged.
Matthew Martens, the lead lawyer for the Securities and Exchange Commission, told jurors that the… …read more
Source: NY Post

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Posted by on July 31, 2013. Filed under Business News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.