The only person on Wall Street sued by the SEC
Photo of the SEC (Image by Wikimedia user AgnosticPreachersKid (cc:by-sa))
After Fabrice Tourre was sued by the Securities and Exchange Commission for helping sell shady mortgage-securities investments, many thought that others would follow. So far, Tourre has been the only one sued. New York Times reporter Louise Story reports on how he became the face of the financial crisis.
————————————————————–
“The Takeaway” is a national morning news program, delivering the news and analysis you need to catch up, start your day, and prepare for what’s ahead. The show is a co-production of WNYC and PRI, in editorial collaboration with the BBC, The New York Times Radio, and WGBH.
The story you just read is available to read for free because thousands of listeners and readers like you generously support our nonprofit newsroom. Every day, the reporters and producers at The World are hard at work bringing you human-centered news from across the globe. But we can’t do it without you: We need your support to ensure we can continue this work for another year.
When you make a gift of $10 or more a month, we’ll invite you to a virtual behind-the-scenes tour of our newsroom to thank you for being with The World.