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Fabrice Tourre

“Fabrice Tourre Did It!”

I’m sure that’s what the Murdochs’ hoped-for alibi was when the phone-hacking scandal first broke about two weeks ago. Namely, find some underling to pin it on, then swear on a stack of bibles that said underling was a “rogue” who acted independently. Just two small problems: 1) Tourre works for Goldman Sachs (or did); and 2) The...
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Parsing, “Goldman-had-a-massive-housing-short”

Goldman Sachs Deserves “Capital” Punishment So, Goldman Sachs stands accused of having pocketed billions from its massive short against the housing market — and lying about it to Congress. How is it defending itself? Watch carefully. Legal Semantics — Not a Denial The company is not saying, “we didn’t do it” — even though that’s sure what it sounds...
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