Goldman Sachs' 'Fabulous Fab' Tourre Hung Out to Dry?

Soon after the Securities and Exchange Commission announced July 15 that it had reached a $550 million fraud charge settlement with Goldman Sachs, shares of the bank soared. Analysts immediately scored it a victory for CEO Lloyd Blankfein. Meanwhile, back at the SEC's Washington, D.C. headquarters, as a press conference was winding down, Lorin Reisner, the agency's deputy director of enforcement, made it clear the bombshell case was not entirely closed. Fabrice Tourre, a Goldman vice...Full Story
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