Will Goldman Sachs distance itself from "Fabulous" Fabrice Tourre

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You know you've become a scandalous figure when British publications send reporters to stake out your home and interview your landlord. The Times scooped the world by getting the skinny on Fabrice Tourre's savvy negotiation skills; he persuaded his landlord to cut his rent due the credit crunch. The landlord, a film maker, had this to say: "They were a classic average couple--with a dark secret." The real Fabrice Tourre was indeed a skilled negotiator, but we know little about him.

He will be on display this week, however, when he and Goldman Sachs (NYSE: GS) CEO Lloyd Blankfein (Lloyd Blankfein news) appear at a Senate hearing. Goldman Sachs has placed Tourre on paid leave. He has also been deregistered as a trader in London. Bloomberg raises an interesting issue: Will Goldman Sachs throw him under the bus? One strategy could be to blame it all on a single, overzealous executive. He is certainly feeling the heat, or else he's not human. He may feel pressure to fall on the sword.

Tourre will apparently appear with three other Goldman Sachs executives, while Blankfein will appear by himself on Tuesday afternoon. In between, David Viniar, Goldman Sachs CFO, and Craig Broderick, the firm's CRO, will appear. 

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