A former Goldman Sachs Group Inc trader who pleaded guilty to fraudulently building an unauthorized $8.3 billion futures trade should repay $118 million to his former employer to cover its losses and spend about three years in prison, federal prosecutors said. In a Monday night filing in the U.S. District Court in Manhattan, prosecutors said Matthew Taylor deserves a 33- to 41-month prison term that reflects his "blatant abuse" of the trust placed in him by Goldman, which once considered him a "rising star," and to deter other "rogue traders." Investigators said the Massachusetts Institute of Technology ... (full story)