Was Fabrice Tourre Cheating On His Girlfriend? Are CDOs Really Nothing More Than "Intellectual Masturbation"?

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Sun, 04/25/2010 - 00:11 | 316661 masterus
masterus's picture

French passion leads to masturbation in every field.

Sun, 04/25/2010 - 01:57 | 316733 Pamela Anderson
Pamela Anderson's picture

Erin Burnett, Don't you get it??? Only someone as STUPID as you are can drink the Kool Aid that all the crooks and liars that you interview give you to drink!.... wait... wait... it's not their fault if they find someone as shalow and naive as you are... every day you are just played like a cheap whore! Two years ago you were saying that the high oil price was a result of world demand! FUC%#NG IDIOT!!!! It was at $140!!!! Don't you get how Wall Street works???



Sun, 04/25/2010 - 12:17 | 316973 aint no fortuna...
aint no fortunate son's picture

The day my mute went on permanent for all things CNBC was the day that nitwit Burnett looked into the camera as she defended China for another egregious act of human rights deprivation or some such thing, and uttered a phrase that will burn in my memory forever, as she choked back the tears with her heartfelt "But the Chinese are our friends..." excuse for their behavior... Jon Steward had a field day with that scene that night.

She's just another former Goldman bimbo sent out from the pod to infect the earth... in her own way as despicable as Crammer. 

Sun, 04/25/2010 - 14:16 | 317078 anynonmous
anynonmous's picture

Video - Erin burnett met joe kernen in a hot tub - TV



and Erin on Erin


"Eight Things That Would Impress Me" 



Sun, 04/25/2010 - 18:13 | 317248 Careless Whisper
Careless Whisper's picture

fab fab needs an agent, not a lawyer.

Sun, 04/25/2010 - 15:39 | 317150 sgt_doom
sgt_doom's picture

I greatly appreciate your comments, Mr. or Ms. Anderson, but really, why does ANYONE bother with the American propaganda networks (we most definitely do not have any MEDIA in America --- that's NO media....PERIOD@@!!).

I gave up on ALL of the propaganda networks sometime ago (actually, 2001, but I should have quite at 1999).  I read government documents and the foreign press, aside from superior web stuff such as zerohedge, etc.  I CAN usually verify what I read in the foreign press, or on the Web, from government documents.....I can almost never verify ANYTHING I read or hear in the American propaganda networks (including Newsweek, Time, The Economist, etc., etc., ad nauseum...).

Of course they don't hire, or those they hire refuse to report, in anything other than Wonderland, that universe which ignores the existence of history, economics, arithmetic...ya know...the BIG stuff....

Sun, 04/25/2010 - 20:21 | 317342 chealy3
chealy3's picture

what are you wiling to sacrefiece to make it change?

Sun, 04/25/2010 - 19:03 | 317283 milbank
milbank's picture

Yes CDOs are more than "Intellectual Masturbation" and yes, he was cheating on his girlfriend.  I know for a fact he was screwing his customers and eventually the U.S. taxpayers.

Sun, 04/25/2010 - 00:25 | 316667 dark pools of soros
dark pools of soros's picture

what dork board girl would pay attention to any of that finance geek crap?

Sun, 04/25/2010 - 00:58 | 316691 Johnny Bravo
Johnny Bravo's picture

One that likes guys with money?

Look at Nouriel Roubini.  He's got all kinds of cougar followers, even though he's kinda lame, and not attractive, etc.

Sun, 04/25/2010 - 02:59 | 316759 anonnn
anonnn's picture

Q1. Who does she work for?

Q2. Who does she really work for?

Sun, 04/25/2010 - 08:53 | 316843 mikla
mikla's picture

+1, good point.

Sun, 04/25/2010 - 00:27 | 316669 MsCreant
MsCreant's picture

Wow, covered a lot in one post.

Pride _x_

Envy _?_

Gluttony _?_

Lust _x_

Anger _x_ ask either woman

Greed _x_

Sloth _x_

Sun, 04/25/2010 - 14:03 | 317069 Miles Kendig
Miles Kendig's picture

Just a hand in the bush...


Sun, 04/25/2010 - 00:28 | 316670 Ras Bongo
Ras Bongo's picture

Would pay to see the women's faces right now. LOL!

Sun, 04/25/2010 - 00:37 | 316677 dark pools of soros
dark pools of soros's picture

nah - rather pay to see their boobs

Sun, 04/25/2010 - 01:00 | 316692 Johnny Bravo
Johnny Bravo's picture

While I like the way you think...

NEVER pay to see a woman's boobs.  You can always see some for free with a little bit of applying yourself.

Shit, some drunk whore at the bar will flash you after she kisses some other drunk whore if you're unsuccessful at talking girls into it otherwise.


Sun, 04/25/2010 - 01:24 | 316703 Moneygrove
Moneygrove's picture

+ 1,000

Sun, 04/25/2010 - 09:41 | 316859 Janice
Janice's picture

I know a guy like you.  Now, he's 47 years old, having been divorced 3 times, living alone in a mobile home.  The only one that talks to him is his mother.  When you seek to degrade someone else, a little filth rubs off on you.

Sun, 04/25/2010 - 10:09 | 316878 Hulk
Hulk's picture


Sun, 04/25/2010 - 10:53 | 316906 Canucklehead
Canucklehead's picture

Were you one of the three or is he your brother?  Just askin...

Sun, 04/25/2010 - 14:04 | 317070 Janice
Janice's picture

N/A.  When you get older, you look back over you life & realize that there was "that one", just one, that got away, but should have been kept.  For the 47 year old guy, I was "that one", just that one little fish that got away.  Slipped through his hands like water.  Carry on, move along, nothing to see here.

Sun, 04/25/2010 - 13:47 | 317015 Miles Kendig
Miles Kendig's picture

Janice - You remind me of MN Nice, but with more attitude.  Well said.  For who among us is without blemish?  As a 47 y/o disabled army ranger who has been twice divorced your comment strikes me as exquisite.  peace

For the box/cube dwellers - Layne


Sun, 04/25/2010 - 14:11 | 317079 Janice
Janice's picture

Thank you for your service & sacrifice.  I was in service for 9 years.  Love ALL Alice in Chains - Facelift & Jar of Flies.

Sun, 04/25/2010 - 14:26 | 317091 Miles Kendig
Miles Kendig's picture

You arrived after I did a name change from Layne to Miles..  Kept the pic tho ..  I'll be looking for your perspectives and I suspect that they will continue to rock.  After all, fight club is really a love hate love kinda deal.  peace

- Layne


Sun, 04/25/2010 - 15:22 | 316676 Miles Kendig
Miles Kendig's picture

Fab Fab must love the look of red sharpie colored toenails now.... Heck, this might even generate sympathy with some of his senate questioners.

The real deal here is, of course, the money.  And as is the norm we discover matters of the heart along the money trail.

Sun, 04/25/2010 - 01:01 | 316693 Glen
Glen's picture


Sun, 04/25/2010 - 01:12 | 316700 williambanzai7
williambanzai7's picture

Scum sucking pencil necked geeks...
Captain Lou Albano

Sun, 04/25/2010 - 17:04 | 317195 J. Pierpont Finch
J. Pierpont Finch's picture

The line is "Pencil-neck geek, grit-eating freak, scum-sucking peehead with 
a lousy physique! A one-man, no-good losing streak - nothing but a pencil-neck
 geek!" And it was the wrestler Classie Freddie Blassie who sang it.

Sun, 04/25/2010 - 01:18 | 316702 Glenjo
Glenjo's picture

Indeed!  That nasty intellectual masturbation always made the pages of my textbooks stick together after I was done studying.

Sun, 04/25/2010 - 02:58 | 316758 whatsinaname
whatsinaname's picture

Or ur hair stick up aka Jim Carrie..haha

Sun, 04/25/2010 - 01:28 | 316704 ZeroPower
ZeroPower's picture

The panel in the senate that gets to ask Fabrice questions is going to have a fucking FIELD DAY with those emails, and will most probably end up ignoring the main issue at stake with their whole 5 minutes of question time

Sun, 04/25/2010 - 01:29 | 316706 Illya Kuryakin
Illya Kuryakin's picture

WTF is this Fabrice guy doing out there a free man anyway? Where is fucking Eric Holder? 

Sun, 04/25/2010 - 01:50 | 316726 Kataphraktos
Kataphraktos's picture

Recharging in his regeneration alcove.

Sun, 04/25/2010 - 01:52 | 316728 Rusty_Shackleford
Rusty_Shackleford's picture

Holder's too busy pulling the plug on voter intimidation cases.


Sun, 04/25/2010 - 10:50 | 316861 svendthrift
svendthrift's picture

Holder is also busy continuing the cover up of the FBI's murder of Kenneth Michael Trentadue:



Sun, 04/25/2010 - 03:48 | 316769 tony bonn
tony bonn's picture

eric holder couldn't find a naked ass in a whore house....he's got his dick so far up obama's corrupt kenyan ass he probably doesn't even know what cdo stands for and doesn't have the remotest interest.

Sun, 04/25/2010 - 01:39 | 316707 ZeroPower
ZeroPower's picture

double post fail

Sun, 04/25/2010 - 01:31 | 316709 Mitchman
Mitchman's picture



This is the best G-D financial page on the Internet.  Bar none!

Sun, 04/25/2010 - 01:51 | 316727 Cursive
Cursive's picture

He really should get a pulitzer or something for this.  But then, that's not in the fight club rules.  Trophies are for little bitches.

Sun, 04/25/2010 - 10:36 | 316893 MsCreant
MsCreant's picture

If they are just dying to know his real identity, a Pulitzer should bring him out of the woodwork.

Sun, 04/25/2010 - 13:07 | 317026 Miles Kendig
Miles Kendig's picture

That's his & hers since Tyler posts are gender unspecific.  But ya, the real awards for ZH are page reads, donations, seeing ZH material creep into the decision cycle of the Ponzi and those who populate it.  Please do what you can to support this process.  peace

Sun, 04/25/2010 - 01:40 | 316716 ZeroPower
ZeroPower's picture


Sun, 04/25/2010 - 01:40 | 316719 percolator
percolator's picture

fab fab is going to be someones bitch in prison.

Sun, 04/25/2010 - 13:10 | 317032 Miles Kendig
Miles Kendig's picture

Just like Keating with the Irish mob at FCI Phoenix, Fab will be paying millions in protection.  A real cash cow Fab Fab will be in prison.  A net positive per capita for everyone involved, except for Fab Fab and those that will have to tote his water.

Sun, 04/25/2010 - 01:46 | 316723 chindit13
chindit13's picture

The Best of the Best.  The Smartest Guys in the Room.  The epitome of financial acumen.  God's work.  The legendary and highly respected Goldman Sachs.

Funny how a hundred fifty years of image can be shattered and (hopefully)irrevocably destroyed in a mere few lines of email.

THAT is how to fight the good fight, Tyler Durden.  Lift up the firm's collective towel and show its little weenie to the entire world, especially to the taxpayers whose children will pay for what Goldman hath wrought and bought.

In this war you may win a Medal of Honor.  Just be careful not to earn a Purple Heart. We have a wounded animal being backed into a corner.

As an aside, it it interesting that Fabrice seems to have a conscience of sorts, though not necessarily in his relationships with women.  His concern and seeming guilt over the already-rotting toxic waste he knows he and his firm are creating and distributing is something I thought Goldman tried to excise in its sublimation process.

I would guess that after this piece gets air time, Sunday will be a work day across much of Wall Street as employees purge their own email records.  If Serge was a free man, the hacking he could do could fill volumes.

Sun, 04/25/2010 - 01:56 | 316732 Hulk
Hulk's picture

They can purge all they want, firms have network appliances in place that record and store all email , several years worth in fact!

Although I am sure goldman just deep sixed theirs!

Sun, 04/25/2010 - 13:14 | 317037 Miles Kendig
Miles Kendig's picture

So does the NSA & DIA, but that is also a separate matter.  BTW Chindit13, excellent commentary!  Thanks for stepping up.

Sun, 04/25/2010 - 10:16 | 316883 PeterSchump
PeterSchump's picture

It is painfully clear that they are only the smartest guys in the room because they are the teachers pets, and the teacher (Gubmint) has rigged the curriculum in their favor.

Sun, 04/25/2010 - 16:34 | 317183 drwells
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