Morgan Stanley Hired Goldman Trader Named in U.S. Suit
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It took Matthew Marshall Taylor less than three months to land a job at Morgan Stanley after Goldman Sachs Group Inc. disclosed in a public filing that he had been fired for building an “inappropriately large” proprietary trading position.
Taylor was accused Nov. 8 by the U.S. Commodity Futures Trading Commission of concealing an $8.3 billion position in 2007 that caused Goldman Sachs to lose $118 million.