Financial Crisis

Wall Street
6:24 pm
Thu August 1, 2013

Former Goldman Trader Found Liable For Billion-Dollar Fraud

Former Goldman Sachs trader Fabrice Tourre walks to a federal court in Manhattan with his attorneys Thursday. A jury found Tourre liable in a massive securities fraud case.
Richard Drew AP

Originally published on Thu August 1, 2013 4:59 pm

A federal jury in New York City has found that Fabrice Tourre, the former Goldman Sachs trader who regulators say caused investors to lose $1 billion, is liable in the mortgage securities fraud case filed against him by the Securities and Exchange Commission.

Regulators say Tourre, 34, a native of France who was nicknamed "Fab" in his office, packaged toxic subprime mortgages into a collateralized debt obligation that was sold to investors under the name Abacus in 2007.

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Topical Currents
1:00 pm
Tue July 30, 2013

A History Of America’s Financial Disasters

Scott Nelson
http://srnels.people.wm.edu/

07/30/13 - Tuesday's Topical Currents looks at the history of US financial crunches.  It’s easy to recall the recession of 2008 or the 1929 stock market crash, but there have been many more panics, and they’ve all revolved around consumer, state and federal defaults. We’ll speak with Scott Reynolds, author of A NATION OF DEADBEATS:  An Uncommon History of America’s Financial Disasters. The first U-S financial crisis was in 1792. Tha

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Topical Currents
1:00 pm
Wed April 10, 2013

The Dark Side of the Personal Finance Industry

Helaine Olen
http://helaineolen.com/

04/10/13 - Wednesday Topical Currents goes behind the scenes of the individual finance industry, with journalist Helaine Olen.   She’s written POUND FOOLISH:  Exposing the Dark Side of the Personal Finance Industry.  Most well-known TV and radio experts sell dreams that are seldom reached.

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Topical Currents
1:00 pm
Tue February 19, 2013

Economic Disaster

Alan S. Blinder
http://www.princeton.edu

02/19/13 - Tuesday's Topical Currents is with Princeton University economics professor and Wall Street Journal columnist Alan Blinder.  How did the worst economic disaster in post-war American history occur?  The US financial system, he says, was far too complex and unregulated for the public good.  Blinder has written  AFTER THE MUSIC STOPPED:  The Financial Crisis, the Response and the Work Ahead.   Links http://www.princeton.edu/~blinder/

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