The case, one of the most prominent actions stemming from the 2008 crisis, centers on the claim that Mr. Tourre and Goldman failed to warn investors that a hedge fund run by the billionaire John A. Paulson helped construct the mortgage security and then bet against it. Billionaire John Paulson could be called to the witness stand in the case of former Goldman Sachs Group Inc (NYSE:GS) executive Fabrice Tourre, according to Bloomberg. Lawyers for the executive involved in a civil trial brought by the Securities and Exchange Commission have told the judge in the case they plan to call…
John Paulson To Testify At Former Goldman Exec Tourre Trial [REPORT]
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.