Why we have women in every melt down? On coming Tuesday we may the answer but until then we have Fabrice Tourre who writes to his girlfriends about doomed CDos, his role in subprime and his mental conflicts.
Fabrice Tourre, a Goldman Sachs bond trader is underway to testify before the Senate Permanent Subcommittee on Investigations in the wake of subprime mortgage market meltdown.
Marine Serres, is the woman to whom our Fabulous Fab into confidence over his role in masterminding the ways at Goldman Sachs is justifiable.
Marine Serres and Fabulous Fab wouldn’t have imagined that their little pillow talk would become the source of investigating into history’s biggest monetary meltdown. He is the only person charged by the Securities and Exchange Commission in their fraud case against his firm Goldman Sachs.
Fabrice Tourre has confined in his emails that despite the fact that CDOs is doomed, he is selling it to even orphans and widows. With equal stubbornness he takes pleasure in describing his role and convincing her super smart French girl at London that he is in love with her more than any thing in the world.
Equally responsive is his Golden Sachs colleague in London, who responses in such a loving way that every banker would feel envied by Fabulous Fab even after the meltdown.
Fabrice Tourre not only tells about his firm’s stance he also mentions some others like him who is well aware of the Dooms Day but are reacting in a 180 degree disagreement.
Not only Fabrice Tourre but a former head of mortgage at Goldman Sachs, Daniel Sparks, is also due to testify on Tuesday before the committee. Fabrice has mentioned him in his email to Marine Serres that according to Sparks this business is totally dead and subprime borrowers would not last for long.
We are in the middle of economic recession and we have a couple who is talking about this horrible condition as casually as having a casual kiss while on a dream walk with your partner. God created women to melt Man down and we all are melting down to this awful creation.
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