| In Goldman
Sachs Trial for Insider Trading Goel Took
the Stand So Now to Answer Subpoena
By Matthew
Russell Lee, Patreon Substack
SDNY COURTHOUSE,
June 17 – Former Goldman Sachs
investment banker Brijesh Goel
was arraigned on insider
trading charges on the morning
of July 28, 2022. Inner City
Press there - although the
arraignment had not be listed
in the docket, nor announced
by prosecutors.
Goel's case
was assigned to U.S. District
Court for the Southern
District of New York Judge P.
Kevin Castel, who held the
arraignment.
Goel is
accused of feeding inside
information to his graduate
school friend and squash
partner Akshay Niranjan, at
Barclays.
On June 12, 2023,
after jury selection, the
trial began with opening
arguments. Inner City Press
was there and live tweeted,
thread
here:
On June 14,
finally, Niranjan took to the
stand, but not yet on cross.
Thread here:
Judge Castel:
Jurors, yesterday I told you
about what happened in the
Revolutionary War right near
here. In 1777, our early flag
was adopted. [Judge Castel to
his credit has posters about
history on his walls. He also
issued this
On June 16,
Niranjan finished, cross and
re-direct (and was spotted by
the courthouse cafeteria on 8,
talking about going to the
prosecutors' office on the 5th
floor), thread here
SURPRISE -
defendant Brijesh Goel has
just taken the stand. Goel's
lawyer: When did you know
there was a problem with Mr.
Goel?
Goel: By mid
2021, Mr. Niranthan had
separated from his wife. He
was going through issues. I
was there for him.
Goel's
lawyer: After you played
squash in late February [2022]
what did you learn? Goel:
Niranjan said his life was
coming to an end, he was
planning to go to India. I
said I could help him get a
job.
Goel's lawyer:
Did you meet at Quality Meats?
Goel: Yes.
[Quality Meats
has steaks up to $195 - Inner
City Press calls it
"Inequality Meats.]
On Saturday, June
17 the US Attorney's Office
complained Goel had yet to
answer their subpoena. Goal's
counsel promised an answer in
two hours. Subpoena on Patreon
here.
Inner City Press
will continue to cover the
case - watch this site.
The case is
US v. Goel, 22-cr-396
(Castel)
***
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