Submitted by jenszostek on Wed, 05/19/2010 - 12:09pm.
Washington, DC- A Goldman Sachs Trading Executive on Tuesday challenged the Government’s fraud allegations against the company & himself asserting to lawmakers, “I did not mislead!” Fabrice Torre said in a Prepared Testimony that he dies not recall telling investors that a Hedge Fund client for Goldman Sachs had bought into an investment that soared. Instead, the Hedge Fund’s Paulson & Co. bet Fund’s Paulson & Co. bet against the security- And profited handsomely.