‘A former Goldman Sachs trader angry that he got a bonus of only $8.25 million has gone to court to get the millions of dollars that he says his bosses still owe him.
Deeb Amin Salem, 35, claims he helped Goldman Sachs make billions of dollars in profits by betting against the mortgage market and he expected a bonus of roughly $13 million for 2010, Bloomberg News reported.
Salem says that Goldman Sachs executives shortchanged him because he had discussed the firm’s lucrative mortgage-hedging bets in writing and his comments became the focus of ire in the U.S. Senate, according to Manhattan Supreme Court papers filed last week. As a result, Goldman Sachs was deeply embarrassed.’ Read more
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