Showing posts with the label DealBook P.M. Edition July 29

DealBook P.M. Edition July 29, 2013: In Surprise, Tourre Defense Calls No Witnesses.

Monday, July 29, 2013 TOP STORY In Surprise, Tourre Defense Calls No Witnesses The defense team for Fabrice Tourre, the former Goldman Sachs trader accused of defrauding investors in a mortgage deal six years ago, began its case at about 11:47 a.m. One minute later, it rested without calling any witnesses. DEALBOOK » DEALBOOK HIGHLIGHTS Deal Professor: Hedge Fund's Suit on Fannie and Freddie May Spell Trouble for U.S. The government's failure to cleanly deal with Fannie and Freddie's stock and bondholders during the financial crisis is coming back to haunt it, says Steven M. Davidoff and David Zaring. DEALBOOK » White Collar Watch: Lessons From the Glaxo Case in China China's investigation into accusations that the British pharmaceutical company GlaxoSmithKline bribed doctors and public officials to increase its sales contrasts with the approach by the United States authorities in such cases, says Peter J. Hen