Deeb Salem certainly has no shortage of regard for himself. What he does not have is an extra $21 million from his former employer.

Deeb Salem, who worked on Goldman’s mortgage trading desk, had been seeking more than $21 million in compensation as well as legal costs and other penalties, according to the ruling by a Financial Industry Regulatory Authority arbitration panel.

Salem filed the claim last April, and Goldman sought to dismiss it in June. The panel granted Goldman’s request on March 17….

Salem gained some notoriety after the financial crisis because a U.S. Senate panel included his own performance review for 2007. In the review, he detailed what he described as Goldman’s plan to put a “short squeeze” on the mortgage market. He also described himself as an expert trader and said he deserved to be promoted to managing director.

“I am as competitive as Michael Jordan,” Salem wrote, according to Senate documents. “I don’t just want to win – I want to win every time and I want to steamroll the opposition.”

In his Finra claim against Goldman, Salem said he deserved higher bonuses for 2010 and 2011, and a bonus and deferred compensation that he did not receive for 2012.

Goldman Sachs wins pay dispute with former trader: filing [Reuters]

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Comments (14)

  1. Posted by guest | March 21, 2014 at 5:13 PM

    You better be competitive with a name like Deeb. Kudos to his parents for putting that everlasting chip on his shoulder and producing such an upstanding citizen.

  2. Posted by Left Out | March 21, 2014 at 5:14 PM

    GS employees coerce street-level prostitutes into having sex with them all the time. It is one of the unofficial benefits to working there, if they're inclined to take advantage of it, and part of the cost of doing business for the prostitutes. The bankers are going to do what they want to do no matter what the law says so long as they so rarely punished for breaking the law,

  3. Posted by guest | March 21, 2014 at 5:17 PM

    you are not funny. I know that's obvious to anyone who read your comment, but it seems lost on you. in sum: never comment again.

  4. Posted by guest | March 21, 2014 at 5:18 PM

    you're not funny, and you should feel bad.

  5. Posted by guest | March 21, 2014 at 5:18 PM

    maybe dial back the paint chips for breakfast.

  6. Posted by Guesticle | March 21, 2014 at 5:32 PM

    My hero!

    -Med student/aspiring finance gamer

  7. Posted by Gary | March 21, 2014 at 5:39 PM

    Well, that explains the STD epidemic within the bank! So, Goldman MDs have sex with prostitutes with STDs and then they go back to the office and have sex with their Analyst! Spreading the diseases even more? Classic. Leave it to the liberals in Greenwich to take morals down the toilet.

  8. Posted by Guest | March 21, 2014 at 6:03 PM

    wait; didn't we just see his resume that was for the internship job?

  9. Posted by Guest | March 21, 2014 at 6:04 PM

    why is he a former employee? did he jump or was he pushed?

  10. Posted by Ash | March 21, 2014 at 6:20 PM

    I am a feminist woman! It is my vagina to get STDs! Daddy do you love me now!

  11. Posted by meteorologist | March 21, 2014 at 6:47 PM

    The wind took him.

  12. Posted by MacCBOE | March 22, 2014 at 12:03 AM

    Michael Jordan works a mortgage desk now?

  13. Posted by MBS was the best | March 22, 2014 at 6:50 AM

    Impossible is nothing…except getting Goldman to pay you

  14. Posted by shkarko shqip | March 31, 2014 at 10:48 AM

    maybe goldman pay me ;-)