Goldman Sachs: Fabrice Tourre defends his ‘collection of garbage mortgages’

This article was last updated on April 16, 2022

Canada: Free $30 Oye! Times readers Get FREE $30 to spend on Amazon, Walmart…
USA: Free $30 Oye! Times readers Get FREE $30 to spend on Amazon, Walmart…Having watched Goldman Sachs Fabrice Tourre defend his ‘collection of garbage mortgages’ just made me angry.

Goldman Sachs and it’s senior managers sold their own clients garbage investments.

Knowing that the investments would become worthless, they shorted the stock of their own client.

Result: Tons of money for Goldman Sachs and big bonuses for the managers.

Now,  I am not the smartest cookie in the jar but to me it looks like fraud.

Question has to be asked.

What should happen to these Goldman Sachs managers? How does one get justice?

Just my 2 cents!

Comments are welcomed and encouraged.



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1 Comment

  1. I think a public shaming in the heart of wall street would be good. Maybe put signs around their necks saying “I am a cheat”

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