GS’s Tourre Has New Defense In SEC Suit

30 Sep 2010

Lawyers for Goldman Sachs trader Fabrice Tourre, the only individual to be charged in the U.S. Securities and Exchange Commission’s suit against Goldman over the sale of its Abacus 2007 collateralized debt obligation, are now saying the suit is invalid.

Lawyers for Goldman Sachs trader Fabrice Tourre, the only individual to be charged in the U.S. Securities and Exchange Commission’s suit against Goldman over the sale of its Abacus 2007 collateralized debt obligation, are now saying the suit is invalid. The only buyer of the CDO was Dusseldorf, ...

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