#goldmansachs to pay $2.9B in fines. ‘1MDB funds were allegedly used by Malaysian financier Low Taek Jho to fund an epic spending spree, including a $250 million yacht, a stake in the Martin Scorsese film “The Wolf of Wall Street” and property around the world. Goldman bankers reaped about $600 million in fees to facilitate bond deals in 2012 and 2013 that funded 1MDB, an amount that fixed-income professionals have said was unusually high.’ - https://www.cnbc.com/2020/10/22/goldman-sachs-agrees-to-pay-more-than-2point9-billion-to-resolve-probes-into-its-1mdb-scandal-.html
Yawn, they will pay cash and move on
Watch Dirty Money on Netflix. There is one episode about this 1MDB funds. I was so upset after watching this.
Yes, banks such as Goldman and HSBC.. you will find these banks in most of the financial scandals. And they are two big to fail with ties everywhere
Watch ‘The Big Short’. It’s about Freddie Mac’s loans. I was so upset after watching it.
Whole Malaysian economy broke down because this Deloitte was also involved in valuation of portfolio.
Deloitte only needs to pay 500k usd. What a joke.
Man, they got off like OJ, 😂.
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Quitting this Slave life
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Modi is a legend, will be remembered for centuries to come
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Do you really feel special in your Tesla?
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Women, help me understand why this is inspirational
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Closed now - thank you all
Just finished reading the book about this,"Billion Dollar Whale". They should probably pay more than this for facilitating such a heist with full knowledge + some jail time for Tim Leissner but Wallstreet always get away with murder.