University Of Chicago Economics Department Suddenly Too Good For Fabrice Tourre

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At least the undergrad program is; the graduate department is still willing to expose its students to his fabulousness.

Economics Ph.D. student Fabrice Tourre, a former Goldman Sachs trader found liable for fraud, will no longer be teaching undergraduate economics this spring. “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. Instead he will be able to fulfill the teaching requirements for his Ph.D. program through opportunities in his department’s graduate-level curriculum,” University spokesperson Jeremy Manier said in an e-mail...

Manier declined to comment on what prompted the decision or offer further details. On the courses website and on Time Schedules, Tourre’s name has been removed from the course listing, and the instructor is listed as “pending.” Fourth-year Allan Zhang bid for the section and was disappointed that Tourre would no longer be teaching the honors section of the macroeconomics course. “Macro, I feel, at the very least at the U of C, depends on who’s teaching it, so I was hoping that with Fabrice Tourre, it would be different than with other people in the past. I guess I was hoping that his experience in the private sector and [investment] banking would add something to the class,” he said.

Tourre, former Goldman trader, will not teach undergrads, Univ. says [Chicago Maroon]

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That's Dr. Fab Tourre To You!

Goldman Sachs's former resident of fabulousness is going back to school. The Securities and Exchange Commission alleged in a 2010 complaint that Goldman Sachs and Fabrice Tourre, 33, who is on unpaid leave, defrauded investors in a collateralized debt obligation known as Abacus 2007-AC1. The regulator identified Tourre as a “resident of Kigali, Rwanda,” in court papers filed March 21 in Manhattan federal court. Tourre had been in the African nation’s capital working for a non-governmental organization before beginning his studies at the University of Chicago, according to a person familiar with his travels who declined to be identified because the matter isn’t public. “Tourre is a U.S. resident studying for a Ph.D. in economics at the University of Chicago,” his lawyer, Pamela Rogers Chepiga, said in a statement March 21. Steve Koppes, a university spokesman, said Tourre has been enrolled in the program since September. [Bloomberg]