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.


(via Reuters)

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