21.   Erxleben has denied any wrongdoing, attributing the lost millions to trading losses.

22.   Earnings were hurt by trading losses.

23.   Goldman canceled an initial public offering last September because of financial volatility at home and abroad that left the firm with tens of millions of dollars in trading losses.

24.   Goldman suffered heavy trading losses estimated at half a billion dollars last fall.

25.   He and Komansky emphasized that the firm suffered no significant trading losses or losses on investments in other companies.

26.   He mentioned the Daiwa Bank Trust debacle in his letter to the bank as an example of how Daiwa might be able to cover up his trading losses.

27.   He said Hamanaka had forged other documents, including hundreds of balance slips used to conceal his trading losses.

28.   In addition to banning the compensation of trading losses, the Securities and Exchange Law prohibits brokerage firms from conducting discretionary stock trades on behalf of clients.

29.   In mid-August, Tsuda disclosed the huge trading loss to two Daiwa managers responsible for ensuring that the bank complied with federal regulations, the indictment continues.

30.   In October, it had suffered a big trading loss unrelated to Chalem that put it in violation of regulations on financial soundness.