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Goldman fires two bankers over secret Fed documents

Published Fri, Nov 21, 2014 · 09:50 PM

New York

GOLDMAN Sachs Group Inc dismissed two bankers after one of them allegedly brought secret documents from the Federal Reserve Bank of New York into the firm.

A junior banker, who had joined the company in July from the New York Fed, was fired a week after the discovery in late September along with another employee who failed to escalate the issue, according to an internal memo obtained by Bloomberg that didn't identify the pair. Jake Siewert, a bank spokesman, confirmed the contents of the memo, which was prompted by a report earlier this week in the New York Times.

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