Former Goldman Sachs Vice President Goes On Trial

Jul 15, 2013
Originally published on July 15, 2013 4:17 pm

Three years ago the Securities and Exchange Commission filed civil charges against Goldman Sachs and one of its traders, Fabrice Tourre. They were charged with misleading investors over mortgage-backed securities. Goldman settled and agreed to pay $550 million. Tourre's trial began Monday in a Manhattan court room.