FABRICE TOURRE (The Goldman VP named) IS THIRTY ONE YRS OLD

[lxlxlxl]

crazy

[Warpy]

1. Financial houses are like the military

in that they love young guys who have no life experience and who are utterly fearless and willing to do crazy shit without considering there might be some dire real life consequences.

Where do you think all those 25 year old millionaires living in penthouses in NYC come from?

This is also where all the lunatic ideas like CDOs came from, young guys who didn't care about consequences dreaming up ways to goose their profits and look good enough to get out of cubicles and into corner offices.

[lxlxlxl]

3. no i know about it all...when you hit 31 and dont have your millions stashed you get desperate

i didnt mean to make the guy look like less of an asshole by pointing out his age. i think the worst of new york ( i live here and am 32) finance is fuelled by desperate young men like this. either they have screwed themselves with student loans, or feel like they are entitled to the kind of money that they have to sell their soul for.

[blm]

4. And make convenient FALL GUYS. Poppy Bush had a 35yo bank manager in Atlanta take fall for 5 BILLION

dollars being sent to Saddam thru Italy. As...Focking...IF...a local bank manager had the authority to move 5 billion of OUR TAX DOLLARS.

Christopher Drogoul fought the case, but, after his defense called for Kissinger to testify, Clinton's DoJ suddenly plea-bargained with Drogoul to take a fairly light sentence. Drogoul then ended up dying of 'natural causes' a few years laters (yeah sure he did) and mysteriously the prison didn't publicly report his death until a week after it supposedly occurred.

This case was related to Iraqgate and BCCI. The deepsixing of these matters led to most every ill this nation has gone through in the last decade, especially on 9-11-2001 and since.

[femrap]

6. I agree....

a little VP Fall Dude.

But the public demands someone's blood. Can't wait to see a picture of him. At first, I figured it would be a woman thrown to the wolves. Aaaah, no women allowed to play on Wall Street with lots of $$$.

When they start arresting CEOs and they're dressed in orange on TV, call me! I don't want to miss that.

Or maybe Glass Steagal is re-enacted....that'll be cool, too.

[Webster Green]

5. Yep indeedy.

They are the "Masters of the Universe" from Tom Wolfe's "Bonfire of the Vanities". (possibly my all time favorite book)

[kestrel91316]

2. Who is his daddy, and whose arms got twisted by him?

[dixiegrrrrl]

7. This may be another scam.

2 comments I picked up on Ticker forum:

1. "Zerohedge saying that Goldman was "told in advance" of the looming SEC action (according to Reuters) and asking if they shorted themselves...One's thing is for sure, not one person will go to jail as a result of this SEC action as it's just civil, not criminal."

2."Maybe someone should investigate the massive put buying on GS yesterday and early this morning. Someone bought 155, 160, 165 and 170 April puts in size.

Tell me why someone would buy something 15, 20, 25 or even 30 points out of the money the day (or day before) option expiration unless they knew something already. WHO TIPPED THE PUT BUYERS OFF? WHO BOUGHT THEM???

The 155 puts ran from 1 cent to $4.85
The 160 puts ran from 1 cent to $6
The 165 puts ran from 1 cent to $10
The 170 puts ran from 5 cents to $14

Those are exponential gains were as little as $1000 trade could have netted a million dollars."

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Also after dropping all morning, GS stock now UP 11%.

NASDAQ climbing after falling, too.