Economics
Ex-Goldman’s Tourre Says E-Mail He Sent ‘Wasn’t Accurate’
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Fabrice Tourre, the former Goldman Sachs Group Inc. vice president facing civil fraud claims over a $1 billion mortgage bond debacle, said today that one of his e-mail that’s part of the government’s case “wasn’t accurate.”
Tourre, now a 34-year-old graduate student, appeared before a jury in Manhattan federal court to speak about his role in structuring and selling a 2007 mortgage-backed investment that lost a group of investors about $1 billion when the mortgage market crashed.