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Lawyer Asks: Did The New York Times Violate A 1986 Law For Its “Fabulous Fab” Story?

Posted on June 1, 2011 by pogowasright.org

Katya Wachtel reports:

This morning the New York Times published a huge story about Goldman Sachs trader, Fabrice Tourre, and the peculiarity of him being the only Wall Streeter to be prosecuted for creating and selling shoddy mortgage securities.

One of the most interesting parts of the story, however, is the way in which the NYTimes got access to the material, which went like this:

These legal replies, which are not public, were provided to The New York Times by Nancy Cohen, an artist and filmmaker in New York also known as Nancy Koan, who says she found the materials in a laptop she had been given by a friend in 2006.

The friend told her he had happened upon the laptop discarded in a garbage area in a downtown apartment building. E-mail messages for Mr. Tourre continued streaming into the device, but Ms. Cohen said she had ignored them until she heard Mr. Tourre’s name in news reports about the S.E.C. case. She then provided the material to The Times.

Read more on Business Insider

Category: LawsSurveillanceU.S.

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