Hedge fund billionaire John Paulson will not testify in the high-profile civil case against former Goldman Sachs Group (GS) bond trader Fabrice Tourre, Reuters reports.
The SEC says Tourre told investors that Paulson's firm was investing in Abacus, suggesting he expected the price of the securities to rise, when actually the hedge fund was shorting it.
The current environment of mergers and acquisitions (“M&A”) is evolving. There is constant movement in the mortgage industry with the desire for growth and expansion. It is easy to become blinded by the end goal of increasing loan volume and quality origination talent. Thus, it has never been more important to focus on due […]
