Skip to comments.Goldman fraudster Fab Tourre to teach honors class (Univ. of Chicago)
Posted on 03/02/2014 5:08:08 AM PST by ilovesarah2012
Who says theres no honor among thieves?
Former Goldman Sachs banker and securities scammer Fabrice Tourre has landed a new gig: teaching an honors economics class at the prestigious University of Chicago.
Fabulous Fab, as the 34-year-old famously called himself in e-mails to his girlfriend, was found liable by a federal-court jury last August on civil securities charges that were brought by the Securities and Exchange Commission.
While Goldman settled with the SEC for $550 million, Tourre decide to leave his fate to a jury. The jury found Tourre liable on six charges of fraud for perpetrating the $1 billion deceptive sales of a complex array of mortgage securities to institutional investors in 2007.
The case is on appeal.
Tourres notoriety hasnt hurt his academic career.
(Excerpt) Read more at nypost.com ...
Milton Friedman must be spinning in his grave.
Hmmm. Let’s see. Who else taught at the University of Chicago, perhaps in its law school?
Even more ominous, Obobo's henchman David "I'm Harmless" Axelrod now runs his very own "political center" at the U of Chicago. Mmmmmm.....wonder where Axelrod gets the money to run that academic fraud? Maybe he got a gig on Dancing With The Stars? ROTFLOL.
THIS MADE ME LAUGH OUT LOUD shortly after quitting his powerful WH job as Obama's COS, Rahm held a presser declaring he "just remembered" he really, Really wanted to be Mayor of Chicago. Then Rahm announced he had magically "raised" $10 million for his campaign in "just a matter of weeks." (waiting for hysterical laughter to die down). Ya gotta wonder how much Wall Street Rahm wired offshore when Obama put him in charge of the entire US Treasury. Read on.
CONNECTING THE DOTS: Obama's stranglehold on Treasury via COS Rahm Emanuel's dual role
THE TARGETING PAPER TRAIL BEGINS: Soon as they occupied the WH, Obama and the Chicago con artists (a) took control of the US Census; (b) Obama placed his COS Rahm Emanuel in control of the US Dept of the Treasury (the IRS).
THE SMOKING GUN---WSJ REPORT--On Jan 20, 2009 Timothy Geithner was appointed Obama's Secy of the Treasury. But within three weeks, the Obama White House tightened its grip on Treasury. Obama put his COS, Rahm Emanuel, in charge of Treasury---Rahm Emanuel's dual role was an unusual move.
When he got to Treasury, WH COS Rahm Emanuel was so involved in the inner workings of the Treasury that the phrase "Rahm wants it" had become an unofficial mantra among subservient govt staffers, prostrate in obeisance, scurrying to accede to Rahm's wishes, according to Treasury government officials. Reported by WSJ / 05/31/09
More here: http://online.wsj.com/article/SB124113406528875137.html
Rahm Emanuel takes over Chicago / May 16, 2011
EDITED EXCERPT .... an exciting time in the inbred world of Chicago Democratic politics.... Democratic don, Richard M. Daley ruled for 22 years, inheriting the mayoralty from his father, Mayor Richard J. Daley who held on for a generation. Now the ex-chief of staff of Chicagoan Barack Obama (once a state Senator, now president) was installed. US Treasury Secy Tim Geithner was there, and so was Chicagoan David Axelrod, an O team player.
BTW, Mayor Daley's former chief of staff, Valerie Jarrett, hired Obama's wife, Michelle, to work in Chicago City Hall. (Jarret is now ensconced in Washington, as Obama's chief policy advisor----in gangland vernacular, chief policy advisor means "wire-transfer artist").
Mayor Emanuel's innovative ways commenced early on---his organization was getting $50G's for the best seats at the inauguration (mmmm........that accounts for another couple million scammed from Treasury).
The mayoralty (and its--cough--"benefits") is a job Emanuel has coveted since he was a machine go-fer back in the 1980s.....before he became Bill Clinton's national campaign finance chairman and then a dual role as senior White House aide and Goldman Sachs lobbyist and then (gasp) becoming a multi-millionaire, thanks to a measly few months at a local investment firm...then a (gag) Congressman for four terms---then White House chief of staff for Obama that helped create the 2010 Republican House landslide.
...barring federal indictments--Chicago should have another new mayor say in 2033. You read it here first. -- By Andrew Malcolm
When I attended, some years ago, one of my teacers was a visitin prof from the Carter campaigns. Surprisingly, it was a good course, and I wasn’t docked for being an open conservative. (A-)
I’m sure things have changed.
It’s a ***resume enhancer***!