News: Goldman Sachs traders shared confidential info in chat rooms...

[Abiel 475]

Goldman Sachs currency traders used chat rooms from 2008 to 2013 to share information with other banks about customers, using code names such as Satan and Fiddler... "Satan sells 8 euros at 17" (a client selling $8 million worth of euros for an identified price)

 

The bank was fined $110 million on Tuesday by the Federal Reserve and a New York state financial agency.

 

Goldman Sachs traders shared confidential info in chat rooms

[MichelleJ 1]

Such an easy way to make money. Taking "Satan" as a code name, ur...seems like a detective fiction.