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Indictment Breaking News: SEC Takes Goldman's 'Fabulous Fab' to Trial in Civil Fraud Case

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July 14, 2013 AT 12:10 PM
The U.S. Securities and Exchange Commission heads to trial against Fabrice Tourre, 34, a former Goldman Sachs bond trader. Legal experts say it is the highest-profile trial to date stemming from the SEC's investigation of the events leading up to the 2008 crisis and presents a chance for the SEC to hold an individual responsible at trial.