Ex-Goldman Sachs trader's US fraud trial starts Monday

"A Summary" – Apr 2, 2011 (Kryon channelled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) - (Text version)

“2011 and Beyond” - What you are seeing, and why - Jan 16, 2011 (Kryon channelled by Lee Carroll) - (Text version)

"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channelled by Lee Carroll) - (Text version)

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.
They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."

"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

“… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …”

"The Great Escape" - Mar 11, 2017 (Kryon Channelling by Lee Carroll)

“… The Fall of Many - Seen It Yet?

You are going to see more and more personal secrets being revealed about persons in high places of popularity or government. It will seem like an epidemic of non-integrity! But what is happening is exactly what we have been teaching. The new energy has light that will expose the darkness of things that are not commensurate with integrity. They have always been there, and they were kept from being seen by many who keep secrets in the dark. Seen the change yet?

In order to get to a more stable future, you will have to go through gyrations of dark and light. What this means is that the dark is going to be revealed and push back at you. It will eventually lose. We told you this. That's what you're here for is to help those around you who don't see an escape from the past. They didn't get their nuclear war, but everything else is going into the dumper anyway. … “

Monday, July 15, 2013

Ex-Goldman Sachs trader's US fraud trial starts Monday

Google – AFP, Sophie Estienne (AFP), 15 July 2013

Fabrice Tourre testifies on Capitol Hill in Washington, DC, April 27, 2010

(AFP/File, Jim Watson)

NEW YORK CITY — The trial of former Goldman Sachs trader Fabrice Tourre, who is accused of misleading investors about risky assets linked to the US housing market meltdown, starts Monday in New York.

Tourre, a 34-year-old Frenchman also known by the nickname "Fabulous Fab," has been charged with fraud by securities regulators, in connection with a fund which lost investors around $1 billion.

His trial, which is expected to last two to three weeks, will be heard in a Manhattan courtroom presided over by Judge Katherine Forrest.

After jury selection, lawyers for the Securities and Exchange Commission (SEC) and for the defense will begin their arguments.

People walk past the Goldman Sachs

headquarters on March 14, 2012 in New York

City (Getty Images/AFP/File, Mario Tama)

Goldman Sachs, which was also named in the initial SEC complaint, is no longer sitting at the defense table, having agreed to pay a record $550 million to settle the government's charges of fraud.

But Tourre has denied any liability.

In a document filed with the court in 2010, the Frenchman said he "reasonably relied on Goldman Sachs' institutional process to ensure adequate legal review and disclosure of material information, and cannot be held liable for any alleged failings of that process."

Tourre is one of several traders who have become symbols of the excesses of the financial sector that contributed to the global economic crisis of 2007-2008 -- whose repercussions are still being felt today.

At Goldman Sachs, in early 2007, Tourre designed the complex "Abacus" investment product, based on subprime, or higher-risk mortgage-backed, securities.

He was accused of failing to warn investors that a hedge fund headed by investor John Paulson was involved in the selection of the composition of Abacus. Paulson was betting on the fall of the US housing market.

When the affair became public in April 2010, US media lambasted the apparent arrogance of Tourre, who refused to apologize during a hearing in Congress.

In private emails published after the scandal broke, Tourre, then a vice president at Goldman Sachs, called the financial products he was creating "monstrosities" and little "Frankenstein," and made fun of the "poor, little subprime borrowers."

Fabrice Tourre walks past protesters on

Capitol Hill on April 27, 2010 in Washington,

DC (Getty Images/AFP/File, Mark Wilson)

"Fabrice Tourre has done nothing wrong. He is confident that when all the evidence is considered, the jury will soundly reject the SEC's charges," his lawyers said in an email sent to AFP.

The trial, however, could cost him dearly as the SEC is demanding reimbursement for losses, as well as a fine.

A conviction could also result in him being banned from the trading floor -- but Tourre has already left Goldman Sachs.

The graduate of France's Ecole Centrale and of America's Stanford University has become a student again, at the University of Chicago, after some time working with humanitarian groups in Rwanda.

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Monday, July 15, 2013

Ex-Goldman Sachs trader's US fraud trial starts Monday

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