Saturday, 24 September 2016
Last updated 23 hours ago
Mar 4 2014 | 9:26am ET
The Goldman Sachs managing director who supervised Fabrice Tourre has retired from the bank.
Jonathan Egol worked at Goldman for 15 years, leaving earlier this year. He oversaw structured products and was one of two Goldman employees to get Wells notices from the Securities and Exchange Commission over a collateralized debt obligation structured and marketed on behalf of Paulson & Co.
The other employee to get a Wells notice was Tourre, who last year was found liable for fraud in the case. Paulson was not accused of wrongdoing.
Egol testified at Tourre’s trial and said that the vice president was primarily responsible for marketing the deal in question.