Ex-Goldman Sachs Fraudster Fabrice Tourre to Teach Economics at University of Chicago
Source: International Business Times
The former Goldman Sachs vice-president Fabrice Tourre, who was convicted on six counts of securities fraud six months ago, has landed a new job as an economics teacher at a prestigious university in the US.
Tourre, also known as "Fabulous Fab," will teach a class called 'Elements of Economic Analysis' on Thursday afternoons, followed by a discussion on Monday.
His teaching stint will be part of his pursuit of a doctorate at the university.
Last month, Tourre failed to persuade US District Judge Katherine Forrest in Manhattan to dismiss the case or go for a new trial, as part of his appeal against charges that he defrauded investors in a sub-prime mortgage investment deal five years ago.
He claimed that his conduct did not amount to fraud and there was not enough evidence to support defrauding charges. He also argued that Forrest had instructed jurors incorrectly on the law.
"None of these arguments has merit," the judge said.
Read more: http://www.ibtimes.co.uk/ex-goldman-sachs-fraudster-fabrice-tourre-teach-economics-university-chicago-1438212
Teach your children well.
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