This does not fall into the category of jealousy, just madcap extravagance. It just doesn’t seem that he should be denied a reasonable fee ($20 Big Ones) to have worked so hard. Note below his claim that the findings against him put too much emphasis on words. Does that mean they should only look at his deeds? I for one think that calling a case bullshit is perfectly reasonable and surely not a reason to throw out the case.
A former Goldman Sachs Group Inc. (GS) trader who helped lead the firm’s bets against subprime mortgages before the financial crisis asked a court to throw out an arbitration ruling denying him more than $20 million in unpaid compensation.
Deeb Salem encountered a “kangaroo court” and a “shocking and blatant miscarriage of justice” as Financial Industry Regulatory Authority arbitrators didn’t allow him to call some of Goldman Sachs’s top trading executives as witnesses, he said in a complaint today in New York State Supreme Court. Salem, 35, said in the complaint that members of the industry-funded regulator’s arbitration panel called his case “ridiculous” and “bulls—” during a hearing.
Salem left the firm in May 2012, a year after a U.S. Senate subcommittee said he and other Goldman Sachs traders tried to manipulate prices of derivatives linked to subprime home loans in 2007 for their own benefit. The subcommittee’s assertions were based in part on Salem’s discussion of an attempted short squeeze in his self-evaluation, a finding which Salem said “put too much emphasis on ‘words,’” according to the Senate report.