Goldman Sachs withdrew the British banking license of Fabrice Tourre, a defendant in the U.S. Securities and Exchange Commission's lawsuit that accuses the bank of fraud in the sale of mortgage-backed securities. The action came hours after the U.K. Financial Services Authority launched its own investigation into Goldman. In a related matter, a Goldman executive said the bank tried to sell its $100 million investment in Abacus 2007-AC1 but couldn't find a buyer.

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