Hong Kong Goldman Sachs's Malaysian subsidiary has pleaded guilty to charges that it conspired to violate anti-bribery laws in a massive scheme involving the Southeast Asian country's sovereign wealth fund, known as 1MDB.
Goldman has agreed to pay about $2.9 billion to the various authorities, with the payment to the US Justice Department representing the largest ever penalty under the Foreign Corrupt Practices Act, which bars US companies from bribing foreign leaders. This story is developing.
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Goldman Sachs subsidiary pleads to US charges in 1MDB probeA subsidiary of Goldman Sachs pleaded guilty to federal charges in the U.S. and agreed to pay more than $2 billion in a foreign corruption probe tied to a Malaysian sovereign wealth fund. The fund was looted of billions of dollars. why aren't these cucks in jail. paying fines obviously doesn't stop the behavior. At least they didn’t burn town a target Speaking of foreign corruption probes laptopfromhell
Source: AP - 🏆 728. / 51 Read more »
WSJ News Exclusive | Goldman Sachs to Recoup Top Executives’ Pay After Costly 1MDB FinesGoldman Sachs is seizing tens of millions of dollars from top executives including CEO David Solomon after agreeing to a costly settlement to resolve government investigations into its role in a Malaysian bribery scandal. Money .greed.all deadly sins. What would it profit a man? Seize and terminating these execs....?
Source: WSJ - 🏆 98. / 63 Read more »
Goldman Sachs faces record $350 million fine from Hong Kong over 1MDB scandal | Markets InsiderThe Wall Street banking cartel and criminal syndicate always avoids criminal charges by paying their way out of them. Why can't regular people pay to have their criminal charges dropped? 🧐
Source: BusinessInsider - 🏆 729. / 51 Read more »
Abu Dhabi's IPIC drops lawsuit against Goldman Sachs over 1MDB scandalAbu Dhabi's International Petroleum Investment Co (IPIC) said on Wednesday that it was dropping a lawsuit against Goldman Sachs Group Inc to recover losses suffered from the U.S. investment bank's dealings with Malaysian state fund 1MDB.
Source: Reuters - 🏆 2. / 97 Read more »
More Stimulus Unlikely Before Election, Goldman Sachs SaysMore stimulus is unlikely before the election, according to economists from Goldman Sachs by theothersarahh theothersarahh Please let the world know about current killing in Nigeria by Nigerian soldiers theothersarahh Goldman Sachs.....hmmmm produced classics like DeBlasio, Corzine, Phil Murphy and countless other idiots! Whatever they chirp run for the hills! theothersarahh Well isn't like the American people are surprised dosen't take a lawyer to figure that out they got paid so what about the American people
Source: Forbes - 🏆 394. / 53 Read more »
Stimulus package is unlikely to get through Congress before the election, Goldman Sachs saysChief negotiators for their respective parties remain at an impasse over key matters such as aid to states and business liability protections. Not surprised! The republicants decided to die on that hill, and we’ll throw the dirt on top of them come November 3rd The Market/Investors need to get over this whole stimuluspackage2020 holding the market down isn't going to make SpeakerPelosi move any faster. Its clear congress is willing to let millions of people starve over petty differences. BailOutThePeople StimulusNow SpeakerPelosi 👎🏻👎🏻 dems are loosing my vote 🤔 or is it republicans who are not getting my vote 🤷🏻♂️ we will never know. (Games) is all it is.
Source: CNBC - 🏆 12. / 72 Read more »