Fabrice Tourre, the Goldman Sachs executive named in an SEC civil fraud suit that charges that the firm knowingly sold a mortgage-related security that was designed to fail, said during a governmental affairs hearing moments ago that he deeply regrets sending a series of emails released by Goldman Sachs. In one, he boasted about selling shoddy products to a “widow and orphans.”
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=127319