Tags: GOLDMAN SACHS | GS | SEC | BANK | BANKING | FABRICE TOURRE

Man at Center of Goldman Case Takes 'Bit of Time Off'

Monday, 19 April 2010 01:33 PM

The Goldman Sachs employee at the heart of allegations that it duped buyers of a complex credit instrument is still employed by the bank and has not been suspended, the bank said on Monday.

"He remains an employee of Goldman Sachs," a spokeswoman for the bank said. Still, 31-year old Fabrice Tourre had made a "personal decision to take a bit of time off," she said.

Goldman Sachs had concluded in an earlier internal investigation that Tourre had done "nothing wrong," the spokeswoman said.

It had launched its investigation as soon the Securities and Exchange Commission first contacted the bank about the case.

© 2018 Thomson/Reuters. All rights reserved.

   
1Like our page
2Share
InvestingAnalysis
The Goldman Sachs employee at the heart of allegations that it duped buyers of a complex credit instrument is still employed by the bank and has not been suspended, the bank said on Monday. He remains an employee of Goldman Sachs, a spokeswoman for the bank said. Still,...
GOLDMAN SACHS,GS,SEC,BANK,BANKING,FABRICE TOURRE,
103
2010-33-19
Monday, 19 April 2010 01:33 PM
Newsmax Media, Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved