Skip to content
Sina Lashgari and Jon “JP” Paul worked on Goldman's program-trading desk, which crafts algorithms and rakes in profits by anticipating changes in the world’s biggest stock indexes.

Sina Lashgari and Jon “JP” Paul worked on Goldman's program-trading desk, which crafts algorithms and rakes in profits by anticipating changes in the world’s biggest stock indexes.

Photographer: Amir Hamja/Bloomberg
Wealth
The Big Take

They Quit Goldman’s Star Trading Team, Then the Bank Raised Alarms

Goldman accused a trading pair of accessing sensitive code on their way to a hedge fund. They say they’re being baselessly tarnished for leaving together.

Updated on

Inside a lucrative and envied Goldman Sachs Group Inc. trading squad, a pair of employees racked up praise in their recent reviews. One was dubbed “exceptional” with an “impeccable work ethic,” the other as “outperforming” and a “culture carrier.”

When the duo accepted new jobs at a hedge fund this year, they said, the bank urged them to reconsider. One recalled that after he refused, his manager’s tone shifted to a warning: “I would be concerned about your behavior in the past” at Goldman.