Wall Street friendship ends in betrayal, insider-trading charges
A look at how it all went wrong.
Source: moneyweb.co.za
Stay updated with breaking news from Goel Facebook. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
A look at how it all went wrong.
They were business school buddies who landed at top Wall Street firms -- Goldman Sachs Group Inc. and Barclays Plc -- lived for a time in the same Manhattan high-rise, played squash regularly and partied overseas together.
Former Goldman banker Brijesh Goel was arrested last month for insider trading. His friend, ex-Barclays trader Akshay Niranjan, is "co-conspirator 1" in the criminal complaint against Goel, and the man who turned on his buddy, according to people familiar with the matter.