Poor baby.
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.
Salem had earned a $15 million bonus in 2009 and had told his mother after her house burned down on Christmas 2010 that she shouldn’t worry because he was expecting $13 million, Bloomberg reported. Full story...
Related posts:
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.
Salem had earned a $15 million bonus in 2009 and had told his mother after her house burned down on Christmas 2010 that she shouldn’t worry because he was expecting $13 million, Bloomberg reported. Full story...
Related posts:
- Yahoo's recently fired chief operating officer gets a $58million severance...
- JPMorgan boss rewarded with 74% pay increase despite fraud...
- Barclays banker quits on an £18million bonanza...
- Outrage over €21million pension for French CEO...
- Barclays announces £38.5m bonuses on budget day...
- Novartis chairman will receive up to SFr72 million ($76 million) over the...
No comments:
Post a Comment