Take an Econ Class With “Fabulous Fab”
Fabrice Tourre, better known as “Fabulous Fab,” has had a busy few years. While Tourre’s employer, Goldman Sachs, settled with the S.E.C. (to the tune of a $550 million penalty), the trader refused to settle and fought the suit, while simultaneously pursing a Ph.D. in economics at the University of Chicago. Last year, a federal jury found the trader liable on six counts of securities fraud. The Chicago Maroon reports that undergraduate students in the University of Chicago’s economics department can take a class with Tourre this spring:
With spring quarter class bidding opening next week, Economics students have the option to take the honors section of Elements of Economics Analysis 3 taught by Economics Ph.D. student Fabrice Tourre. While students might not be calling him “Fabulous Fab” in the classroom, he is notable in the financial world as the former Goldman Sachs trader found liable this past August on six of seven counts of securities fraud for misleading investors in a complex investment product linked to mortgages.