Jury selection commences today for the trial of a former Goldman Sachs vice president, Fabrice Tourre.
The Securities and Exchange Commission alleges that Tourre, or “Fabulous Fab” as he was known, and Goldman Sachs misled investors, “about a financial-crisis era transaction that ultimately cost investors more than $1 billion when the housing market collapsed,” the Wall Street Journal reports.
Guest
- Heidi Moore, U.S. finance and economics editor for The Guardian. She tweets @moorehn.
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