Goldman Sachs Group Inc GS.N has won a pay dispute with a former employee known for his role in shorting the U.S. housing market in the run-up to the financial crisis, according to a arbitration ruling this week. Deeb Salem, who worked on Goldman's mortgage trading desk, had been seeking more than $21 million in compensation as well as legal costs and other penalties, according to the ruling by a Financial Industry Regulatory Authority arbitration panel. Salem filed the claim last April, and Goldman sought to dismiss it in June. The panel granted Goldman's request on March 17. The document was posted to a Finra database on Thursday. Salem gained some notoriety after the financial crisis because a U.S. Senate panel included his own performance review for 2007. In the review, he detailed what he described as Goldman's plan to put a "short squeeze" on the mortgage market. He also described himself as an expert trader and said he deserved to be promoted to managing director. "I
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