Reuters – A lawyer for a former Goldman Sachs Group Inc. trader denied on Friday [Nov. 9] U.S. civil accusations that his client had defrauded the Wall Street bank of $118 million.
The trader, Matthew Marshall Taylor, was sued on Thursday [Nov. 8] in U.S. District Court in Manhattan by the Commodity Futures Trading Commission, which said he had manually entered fake trades in November and December 2007, in an attempt to conceal an $8.3 billion position in futures contracts.
