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Tourre Seeks to Keep SEC From Arguing CDO Added to Crisis

Bloomberg – Former Goldman Sachs Group Inc. (GS) executive Fabrice Tourre asked a judge to block the U.S. Securities and Exchange Commission from arguing at his fraud trial set for July that he contributed to the financial crisis.

Tourre, who was sued by the SEC in 2010 over a collateralized debt obligation he helped create, said the government shouldn’t be allowed to present evidence concerning the causes of the 2008 financial crisis and recession when he goes to trial on July 15 in federal court in Manhattan, according to a filing today.

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