EC Star Witness Says Tourre Misled Her on Paulson’s Role

SEC Star Witness Says Tourre Misled Her on Paulson’s Role

http://www.brandon-nsb.com/agent_files/John%20Paulson.JPG

The star witness in the Securities and Exchange Commission’s civil fraud case against Fabrice Tourre told jurors that Goldman Sachs Group Inc. misled her into helping construct a doomed investment that the Paulson & Co. hedge fund was betting would fail.

Laura Schwartz, who headed ACA Management LLC’s asset management business in early 2007, testified today that Goldman and Paulson, which is run by billionaire John Paulson, led her to believe that the hedge fund wanted to invest, rather than take a short position, in a mortgage-backed security that lost $1 billion in the crash of the credit markets.

“Our understanding was that Paulson was the equity investor,”

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

Doc Vega, Chris of the family Masters, cheeki kea and 3 more were featured

 

Latest Activity

Doc Vega posted blog posts
2 hours ago
Less Prone favorited Parrhesia's photo
4 hours ago
cheeki kea commented on MAC's video
Thumbnail

Putin, 'things will never be the same.' Elensky wants NATO fast track. Red Square party. Update 1

"I like the clown world stuff this guy does at the end of his vids. Nothing like ending on a funny…"
7 hours ago
Parrhesia posted photos
8 hours ago
cheeki kea commented on cheeki kea's photo
Thumbnail

Can't go any faster

"'Logistical Sky Hero' unexpectedly sighted on remote island ( jan.2022) Airport staff…"
8 hours ago
Parrhesia favorited MAC's video
8 hours ago
Parrhesia commented on Parrhesia's photo
Thumbnail

They Must Believe Our Lies

"We can only hope that she (and the other demons of the NWO) soon get their due rewards for the evil…"
8 hours ago
cheeki kea commented on cheeki kea's photo
Thumbnail

Meanwhile at the Station..

"Ice sheet and land Claims."
9 hours ago
cheeki kea commented on Parrhesia's photo
Thumbnail

They Must Believe Our Lies

"This bitch is bringing her Own self Down to the ground. Everything unravels before her and…"
9 hours ago
tjdavis posted a blog post
12 hours ago
tjdavis posted videos
13 hours ago
tjdavis favorited Less Prone's video
16 hours ago
MAC posted a video

Putin, 'things will never be the same.' Elensky wants NATO fast track. Red Square party. Update 1

Putin, 'things will never be the same.' Elensky wants NATO fast track. Red Square party. Update 1Topic 718*****LOCALS COMMUNITY***** https://theduran.locals....
22 hours ago
Parrhesia posted discussions
yesterday
Parrhesia commented on Less Prone's photo
yesterday
Doc Vega posted blog posts
yesterday
Less Prone posted photos
yesterday
Less Prone favorited Parrhesia's discussion KIEV REGIME KILLS REFUGEES WHO FLEE WAR-TORN AREAS SEEKING RUSSIAN PROTECTION (PHOTOS)
yesterday
Parrhesia posted videos
yesterday
Parrhesia favorited Less Prone's video
yesterday

© 2022   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted