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Browse: Home / 2013 / August / 03 / In Complex Trading Case, Jurors Focused on Greed – DealBook

In Complex Trading Case, Jurors Focused on Greed – DealBook

By Securities Docket on August 3, 2013, 8:32 am

Interviews with five of the nine jurors, an eclectic group spread across Westchester County, Manhattan and the Bronx, pulled back a curtain on the private deliberations in the S.E.C.’s most prominent trial stemming from the financial crisis. The jurors, speaking from their homes and offices a day after the trial, described the genesis of their decision.

They expressed sympathy for Mr. Tourre, alternately calling him a “scapegoat” and a “willing participant” in Goldman’s vast mortgage machine.

But ultimately, the jurors said, their decision came down to what they saw as the letter of the law and, for some, a broader concern that Mr. Tourre’s actions underscored a fundamental problem with society: Wall Street greed.

via In Complex Trading Case, Jurors Focused on Greed – DealBook

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Posted in SEC | Tagged Trials, Web Watch

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