Malaysia has filed criminal charges against Goldman Sachs and two former executives over their alleged role in the ransacking of a multibillion-dollar state investment fund.
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The Goldman Sachs Manhattan headquarters. Malaysia has filed criminal charges against Goldman Sachs and two former executives over their alleged role in the ransacking of a multibillion-dollar state investment fund. Spencer Platt/Getty Images
Goldman Sachs, which has survived and thrived despite countless scandals over the years, may have finally stepped in a pile of trouble too deep to escape.
There’s even a Donald Trump angle to this latest great financial mess, but the outlines of that subplot – in a case that has countless – remains vague. The bank itself is in the most immediate danger.
The company’s stock rallied Thursday to close at 165, stopping a five-day slide in which the firm lost almost 12 percent of its…
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Dr. Bramhall, thanks for bringing this latest international financial scandal to our attention.
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My pleasure, Rosaliene. I have been following events in Malaysia quite closely (via Al Jazeera) because they are one of the co-signers of TPPA. We were hoping that the new government might withdraw from the treaty.
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They aren’t called Banksters for nothing, and on top of that, of course, ‘all wars are Bankster’s wars’.
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You betcha, Paul. They excel at robbing the poor to give to the rich.
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