2013-07-16huffingtonpost.com

``The SEC contends Tourre, at the time a vice president at Goldman, failed to disclose that Paulson & Co Inc, the hedge fund run by billionaire John Paulson, was involved in picking mortgage securities tied to the Abacus investment and that it was also shorting, or betting against, it.

Martens said Tourre, the principal Goldman employee involved in the Abacus deal, had a duty to be truthful with investors. Instead, he hid "critical information" in order to get them to buy in.''



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