Tricolor Founder, Ex-COO Plead Not Guilty to Fraud Charges

The not guilty pleas from Chu and Goodgame suggest a potential legal battle ahead, as they seek to defend their actions during a tumultuous period for Tricolor Holdings. The case raises questions about accountability in the subprime lending industry, especially as it faces increasing regulatory pressures. Observers will be keen to see how this case unfolds and what implications it may have for similar companies in the sector.