Goldman Trader Denies Misleading CDO Investors

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Goldman Trader Denies Misleading CDO Investors

Fabrice Tourre, the Goldman Sachs trader at the center of the fraud charges filed by the U.S. Securities and Exchange Commission, says he did not mislead investors in ABACUS 2007-AC1, the synthetic collateralized debt obligation linked to subprime residential mortgage-backed securities.

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