The scandal of Goldman Sachs’s secret agent
7 mins | Invalid Date
Will his story stop similar crimes? A former Goldman Sachs partner pleaded guilty to conspiring with a deal fixer to gain a lead role in $6.5bn of bond financing for 1MDB, a Malaysian sovereign wealth fund. He also helped to channel $2.7bn into bribes. John Gapper explores why banks and consultants are tarnished by doing deals for foreign governments they should avoid.
From Financial Times