Questions after 'Fabulous Fab' found liable of fraud
Former Goldman Sachs trader Fabrice Tourre, self-dubbed "Fabulous Fab", has been found liable on six counts of fraud by a New York jury.
He was found liable over his role in investments linked to subprime mortgages that saw Goldman's clients lose $1bn (£661m).
However, there are questions about why a relatively junior trader is one of the few people to have faced a trial over the crisis.
Samira Hussain reports.
02 Aug 2013
- From the section Business