FBI Agent Who Took Down Madoff Becomes Goldman Sachs’ New Cop
By Steve Neavlingticklethewire.com
An FBI agent who has been integral in dozens of insider-trading convictions and oversaw the Bernie Madoff trial is now working for Goldman Sachs Group, Bloomberg reports.
Patrick Carroll, 50, who spent nearly 25 years with the bureau, has become the vice president of Goldman Sach’s compliance, surveillance and strategy group.
Carroll played a central role in securities-fraud cases.
“It’s really about how Goldman is reacting to the tidal wave of litigation that now seems to be part of the ongoing government toolkit for regulating banks,” said Roy Smith, a professor of finance at New York University’s Stern School of Business and a former Goldman Sachs partner. “It can help to have some people who know how government prosecutors and investigators think, some guy who has the mindset of an alligator.”
A spokesman for Goldman Sachs declined to discuss Carroll’s role with the company.
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Posted: 5/26/15 at 9:01 AM under News Story.
Tags: Bernie Madoff, FBI, Fraud, Goldman Sachs, securities
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Comment from Jim Burdick
Time June 1, 2015 at 4:46 pm
“Took down” Madoff? You mean after Madoff walked into the FBI and confessed to what he had done, while the FBI had NO IDEA who he was or what he had done? LOL. At least the agent gets a golden retirement.