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 WongFami Isa Recent comment authors
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Soakkoon Wong

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

Ahhhhhhh…..
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.