Eric Dugan was taught to work hard from an early age, which led him to not turn down opportunities regardless of the position or the hours. This habit allowed him to snag a tremendous opportunity at an early age. So when a friend of his — knowing his penchant for crazy hours — called with an opportunity working on an overnight trading desk, he jumped at the opportunity.
Toby Crabel played professional tennis after studying finance at Florida Technological University, but was not making a steady income from it. In addition to competing on the circuit he was teaching tennis in the mid-1970s when he met cattle trader Tim Brennan.
Former Goldman Sachs Group Inc. trader Matthew Taylor was sentenced to nine months in prison for concealing an unauthorized $8.3 billion trading position in 2007, which caused the bank to lose $118 million.