Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

muriel_volestrangler

(101,265 posts)
Wed Apr 3, 2013, 12:58 PM Apr 2013

Former Goldman Sachs trader turns himself in to FBI

Source: BBC

Former Goldman Sachs trader Matthew Marshall Taylor has handed himself in to FBI agents in New York.

In November, the Commodity Futures Trading Commission (CFTC) alleged that Mr Taylor hid trades in 2007 that cost his employer more than $118m (£78m).
...
Goldman paid $1.5m last year to settle charges that it had failed to appropriately supervise Mr Taylor.

Last year, the CFTC charged Mr Taylor with defrauding his employer and alleged that he obstructed the discovery of the scheme by providing "false, misleading or deceptive information".

Read more: http://www.bbc.co.uk/news/business-22019424

3 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Former Goldman Sachs trader turns himself in to FBI (Original Post) muriel_volestrangler Apr 2013 OP
See what happens when you steal from the 1%. OffWithTheirHeads Apr 2013 #1
steal for the 1%....nt Evasporque Apr 2013 #3
Time for more 'Free-market' deregulations! Amonester Apr 2013 #2

Amonester

(11,541 posts)
2. Time for more 'Free-market' deregulations!
Wed Apr 3, 2013, 01:16 PM
Apr 2013

Poor little bankster of the Best System Ever To See The Light Of Day On This Planet shouldn't have to go through all that Bad Bad Bad Gov. Bureaucracy Truth-Telling rules!





(If necessary...)

Latest Discussions»Latest Breaking News»Former Goldman Sachs trad...