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Goldman Sachs entangled in global 1MDB scandal (video)

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With the indictment of two former senior Goldman Sachs bankers, accused by US prosecutors of paying bribes, stealing and laundering money from a Malaysian sovereign-wealth fund, the Wall Street giant finds itself at the center of one of the world’s largest-ever financial scandals. The Wall Street Journal reports.

Back in 2012, a Goldman Sachs vice-president who quit explained to CBS News the toxic culture within the firm:

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Soakkoon Wong
9 Nov 2018 8.59pm

Somebody’s gotta call a spade a spade. Wall Street shouldn’t be like the abode of gods whom no one can touch.. yikes!!!! The Prof interviewed said that “Wall Street ethics ” is an oxymoron, so are we to accept that ethics is a no no. So all those adverts about the most honest, most intelligent banks are pure bunkum? Yikes!!!!

Fami Isa
9 Nov 2018 8.18pm

One day will have grandchildren on me lap, telling them the stories of Najib, the Hongkie, the Arab, the Jew……. And of course the Fat Lady.

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