Tourre defiant in US court case

City A.M. Reporter
FORMER Goldman Sachs trader Fabrice Tourre yesterday denied wrongdoing in his securities fraud trial in New York.

The trial has centred on an email in which he said: “The whole building is about to collapse anytime now,” on the state of financial markets in 2007.

Tourre’s lawyers sought unsuccessfully to block the US Securities and Exchange Commission from using the email, in which Tourre called himself "the fabulous Fab”.