Finance

Fabulous Fab: "I Deny — Categorically — The SEC's Allegation"

Update: Tourre's prepared testimony, along with the statements of other Goldman officials, is online here. (But as of midday Tuesday, the page is a bit balky.)

The Senate's big Goldman show is today. Let's kick it off with Fabrice "Fabulous Fab" Tourre, the Goldman VP named in the SEC's fraud lawsuit against the company. He'll be speaking in the Senate this morning, and Politico's Morning Money has this excerpt from Tourre's planned testimony:

I deny — categorically — the SEC's allegation. ... The transaction was not designed to fail. ... I did not mislead IKB or ACA, two of the most sophisticated institutional investors in these products. ... The last week has been challenging for me and my family, [with] unfounded attacks on my character and motives.

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