Ex-Goldman Banker Asks to Be Spared Prison for Insider Trading
- Former banker asked to do community service in Southern France
- Bryan Cohen to be sentenced during video hearing June 4
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A former Goldman Sachs Group Inc. banker asked a federal judge not to send him to prison for insider trading, citing “draconian” sentencing guidelines as well as the risk he would face as a chronic asthma patient from exposure to the coronavirus.
Bryan Cohen’s request comes on the heels of a judge’s decision Tuesday to grant the banker’s wish for a quick sentencing hearing to be held by videoconference. U.S. District Judge William Pauley set the date for June 4, after Cohen said waiting to be sentenced has been “agonizing.”