Financial giant Goldman Sachs has been fined $50 million after an employee stole secret information from the Federal Reserve Bank of New York in a case that highlights the revolving door between the government and Wall Street. Rohit Bansal had formerly worked for the New York Federal Reserve for seven years. When he was hired by Goldman in 2014, he was told by the Fed’s ethics board he could not help advise a client that he had been overseeing while at the Fed. Although Goldman knew about this restriction, the company assigned him to this case anyway. He then “schemed to steal confidential regulatory and government documents” to help advise the client, regulators say. The revolving door between regulatory agencies and the banking industry is a particular occurrence at Goldman Sachs. The current head of the New York Fed, William Dudley, is a former Goldman executive.