Financial Crisis http://blog.wlrn.org en Former Goldman Trader Found Liable For Billion-Dollar Fraud http://blog.wlrn.org/post/former-goldman-trader-found-liable-billion-dollar-fraud 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.<p>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.<p>"The U.S. Securities and Exchange claims Tourre hid the role of hedge fund Paulson & Co. Thu, 01 Aug 2013 22:24:34 +0000 Bill Chappell 18381 at http://blog.wlrn.org Former Goldman Trader Found Liable For Billion-Dollar Fraud A History Of America’s Financial Disasters http://blog.wlrn.org/post/history-america-s-financial-disasters <div style="font-family: 'Segoe UI', Helvetica, Arial, sans-serif; font-size: medium; line-height: normal; margin: 0px;"></div><div style="font-family: 'Segoe UI', Helvetica, Arial, sans-serif; font-size: medium; line-height: normal; margin: 0px;"><font face="Calibri,sans-serif" size="2"><span style="font-size: 11pt;"><font face="Times New Roman,serif" size="4"><span style="font-size: 14pt;">07/30/13 - Tuesday's&nbsp;</span></font><a href="https://twitter.com/topicalcurrents"><font face="Times New Roman,serif" size="4"><span style="font-size: 14pt;"><b>Topical Currents</b></span></font></a><fo Tue, 30 Jul 2013 17:00:00 +0000 Joseph Cooper, Bonnie Berman & Paul Leary 18243 at http://blog.wlrn.org A History Of America’s Financial Disasters The Dark Side of the Personal Finance Industry http://blog.wlrn.org/post/dark-side-personal-finance-industry <p></p> Wed, 10 Apr 2013 17:00:00 +0000 Joseph Cooper, Bonnie Berman & Paul Leary 12167 at http://blog.wlrn.org The Dark Side of the Personal Finance Industry Economic Disaster http://blog.wlrn.org/post/economic-disaster <p></p><p><span style="line-height: 1.5;">02/19/13 - Tuesday's&nbsp;</span><a href="http://www.facebook.com/TopicalCurrents" style="line-height: 1.5;"><strong>Topical Currents </strong></a><span style="line-height: 1.5;">is with Princeton University economics professor and </span><em style="line-height: 1.5;">Wall Street Journal</em><span style="line-height: 1.5;"> columnist </span><strong style="line-height: 1.5;"><a href="http://www.princeton.edu/~blinder/">Alan Blinder</a></strong><span style="line-height: 1.5;">. &nbsp;</span><span style="line-height: 1.5;">How did the worst economic disaster in post-war American history occur? &nbsp;</span><span style="line-height: 1.5;">The US financial system, he says, was far too complex and unregulated for the public good. &nbsp;</span><span style="line-height: 1.5;">Blinder has written&nbsp; </span><strong style="line-height: 1.5;"><a href="http://amzn.to/ZndzvE"><em style="LINE-HEIGHT: 1.5">AFTER THE MUSIC STOPPED:&nbsp; The Financial Crisis, the Response and the Work Ahead</em></a></strong><span style="line-height: 1.5;">. &nbsp; Links<strong>&nbsp;</strong></span><strong style="line-height: 1.5;"><a href="http://www.princeton.edu/~blinder/"><span style="LINE-HEIGHT: 1.5">http://www.princeton.edu/~blinder/</span></a></strong></p><p> Tue, 19 Feb 2013 18:00:00 +0000 Joseph Cooper, Bonnie Berman & Paul Leary 9577 at http://blog.wlrn.org Economic Disaster