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Poster Boy for Wall Street greed must pay.
A once High Flying Goldman Sachs trader dubbed "Fabulous Fab" was ordered to pay more than $825000. stemmed from the mortgage meltdown.This was only part of Fabrice Tourres $1.5 million bonus he recieved right before the collapes .His deceit paved the way for a valued Goldman Sachs hedge fund client,Paulson & co.,to cash in by betting against the investment ,the SEC said.While the investors lost close to $1 billion ,Paulson & co. made $ billion ,and Goldman garnered millions of dollars in fees.
What makes this a fair market? Sounds like insider trading on the worst scale.If the Paulson camp is not touchable they should at lest send a canned ham to all the investors on holidays.
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