Thursday, 25 August 2016
Last updated 8 hours ago
Mar 5 2014 | 11:58am ET
Fabrice Tourre, the former Goldman Sachs executive found liable for fraud over a Paulson & Co.-linked collateralized debt obligation, won’t be teaching undergraduates after all.
Tourre, who is studying for a Ph.D. in economics at the University of Chicago, was set to teach a class on economic analysis in the spring. Instead, he’ll teach only fellow graduate students.
“As preparations continue for the spring quarter, Fabrice Tourre will no longer be assigned as an instructor for Honors Elements of Economic Analysis in the College,” school spokesman Jeremy Manier told the Chicago Maroon. “Instead, he will be able to fulfill the teaching requirements for his Ph.D. program through opportunities in his department’s graduate-level curriculum.”
Last month, a jury found Tourre had misled investors in and the insurer of the CDO. Chicago did not say why Tourre had been pulled from the class.