Goldman Insider Probe Grows

The Wall Street Journal reports:

Investigations are deepening into the potential involvement of Goldman Sachs Group Inc. employees in the high-profile Galleon Group insider-trading ring.

U.S. prosecutors and securities regulators are investigating whether a senior Goldman investment banker gave Galleon hedge-fund traders advance word of pending health-care deals, according to people familiar with the matter. The banker, whom the people identified as Matthew Korenberg, is a San Francisco-based managing director for Goldman, a senior post.