Tourre: ‘The only potential survivor’ of a doomed CDO

The e-mail messages Fabrice Tourre sent to a girlfriend in late 2007 make it clear that the glib and sometimes arrogant 28-year-old trader was fully aware that the financial “monstruosities” he helped create at Goldman Sachs were entirely bunk.

Options give you unlimited profit potential and limited risk. If used correctly currency options will give you staying power and huge leverage, but most traders don’t know how to use them correctly.

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