Speed Reads

Only in America

Only in America: When an $8 million bonus is not enough

A trader sues Goldman Sachs over an unsatisfactory $8.25 million bonus — and more in our collection of strange revelations about the nation

An ex–Goldman Sachs trader is suing the investment bank because it awarded him a discretionary bonus of only $8.25 million — almost $5 million less than he told his mother he was getting. "Let's be very clear," said Deeb Amin Salem, 35, at his arbitration hearing. "I was one of the most sought-after investment professionals in the mortgage industry." Goldman calls his lawsuit "utterly ridiculous."