Ex-Goldman Insider Trader’s Fate Sealed by Best Buddy’s Betrayal

The Goldman Sachs Group Inc. veteran aimed a deadpan stare at his friend on the witness stand and waited for the inevitable betrayal.

Yes, the witness said, he knew the defendant, and pointed to the former Goldman banker, a few yards away. He was his classmate, his groomsman, his squash partner and wingman – and the author of an insider-trading scheme that had now upended both of their lives.

Brijesh Goel, in a blue tie at the defense table, didn’t flinch. But by the time that testimony was over, the verdict was assured.

Guilty on all counts, the jury ...