Thursday, November 5, 2015
How Can You Tell When Employees of Goldman Sachs and the Fed are Low Level?
They get charged with being in cahoots.
A former Goldman Sachs Group Inc employee pleaded guilty today to illegally obtaining confidential information from a former colleague at the Federal Reserve Bank of New York.
Rohit Bansal, a former associate at Goldman Sachs, pleaded guilty to a misdemeanor charge of theft of government property, days after Goldman Sachs reached a related $50 million settlement with the New York Department of Financial Services.
His plea came a day after Jason Gross, a former bank examiner at the New York Fed, likewise pleaded guilty and admitted to providing confidential information to Bansal, who had previously worked with him as a supervisory manager.
-RW
(via Reuters)
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