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Fabulous Fab

'Fabulous Fab' Asks SEC To Throw Out Fraud Verdict

Reuters | Posted 12.01.2013 | Business

By Jonathan Stempel NEW YORK, Oct 1 (Reuters) - A former Goldman Sachs Group Inc vice president who was found liable for securities fr...

Michael Lewis Criticizes Government's 'Bizarre' Response To The Financial Crisis

The Huffington Post | Posted 08.03.2013 | Business

Authorities’ strategy for holding bankers and Wall Street firms accountable for their role in the financial crisis is a bit misguided, according to ...

Mark Gongloff

Jury Finds Fabulous Fab Liable Of Misleading Investors | Mark Gongloff | Posted 08.02.2013 | Business

The financial crisis is finally over, folks: We have found a scapegoat. In a rare legal victory for the Securities and Exchange Commission in a cas...

Goldman Paid Him How Much For Not Working?

Reuters | Posted 09.26.2013 | Business

By Nate Raymond NEW YORK, July 26 (Reuters) - A lawsuit by the U.S. Securities and Exchange Commission may have destroyed his career,...

Disturbing Share Of Young Wall St. Workers Admit They Would Insider Trade

The Huffington Post | Jillian Berman | Posted 07.16.2013 | Business

For a large share of young Wall Street workers, the pursuit of a buck is of utmost importance. For this group, it's possible that the only thing stopp...

SEC: Fabulous Fab Trial About 'Wall Street Greed'

Reuters | Posted 09.15.2013 | Business

By Nate Raymond NEW YORK, July 15 (Reuters) - The trial of former Goldman Sachs bond trader Fabrice Tourre was about "Wall Street gree...

Goldman's 'Fabulous Fab' Heads To Trial

Reuters | Posted 09.13.2013 | Business

By Nate Raymond NEW YORK, July 14 (Reuters) - The U.S. Securities and Exchange Commission heads to trial Monday against a former Gold...

Why The 'Fabulous Fab' Trial Is Important

Reuters | Posted 09.11.2013 | Business

By Nate Raymond NEW YORK, July 11 (Reuters) - The trial of former Goldman Sachs bond trader Fabrice "Fabulous Fab" Tourre next week gi...

Bianca Bosker

The Fabulous Fab's Cautionary Tale: Data Never Dies | Bianca Bosker | Posted 08.01.2011 | Technology

Fabrice Tourre (a.k.a. the "Fabulous Fab"), the Goldman Sachs mortgage trader who has become synonymous with Wall Street shenanigans, has now become s...

How to Deceive a Client Without Really Trying

Omer Rosen | Posted 06.11.2011 | Business
Omer Rosen

When it comes to bonds, the client is conveniently never shown how to settle based on prices. Instead they are taught a nonsensical and more complicated method called yield settlement.

Legerdemath: Tricks of the Banking Trade

Omer Rosen | Posted 05.25.2011 | Business
Omer Rosen

I'd just turned 20 when I began a three-year stint on Citigroup's corporate-derivatives team. I had no work experience to speak of. As my boss said after my interview, I was "f***ing unpolished."

Stewart Rips Senate For 'Impotent Rage' During Goldman Sachs Hearing (VIDEO)

Posted 05.25.2011 | Comedy

With it now common knowledge that Goldman Sachs was selling "sh--ty deals," you'd think the Senate would be able to make progress and punish them acc...

Lloyd Blankfein: Still "Doing God's Work?"

Joseph A. Palermo | Posted 05.25.2011 | Business
Joseph A. Palermo

Isn't it amazing how these powerful CEOs, who are paid tens of millions of dollars to know every detail about their company, act as if they just fell off the back of a turnip truck when they come to Congress?

Fabrice Tourre, Goldman Sachs VP, Charged With Securities Fraud

Huffington Post | Marcus Baram | Posted 05.25.2011 | Business

This story is being updated, scroll down for photos The 31-year-old Goldman Sachs vice president charged with securities fraud by the Securities a...

Deficits Are Too Important To Be Left To Governments: Call in Fabulous Fab

Steven Clifford | Posted 05.25.2011 | Comedy
Steven Clifford

Democrats once followed the dictum of FDR aide, Harry Hopkins, "Tax and tax, spend and spend, elect and elect!" In the '80s they discovered Americans ...