Jurors at a Manhattan trial of a former Goldman Sachs trader heard him described Monday both as an architect of a massive securities fraud and as a low-level scapegoat for the mortgage market meltdown that began in 2007….
“This is a case about Wall Street greed,” SEC lawyer Matthew Martins said in opening arguments at the federal civil trial. “It’s a case about lies, trickery and deception. … In the end it was Wall Street greed that drove Mr. Tourre to lie and deceive.”
Defense attorney Pamela Chepiga countered that her client “never misled anyone.”
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