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Goldman Admits Guilt In 1MDB

Goldman Admits Guilt In 1MDB

Morning Brief

October 23, 202011m 33s

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Show Notes

Goldman Sachs has been slapped with penalties in the US to the tune of $2.9 billion, after pleading guilty to crimes linked with the 1MDB scandal. The bank will also claw back compensation worth $174 million from both past and current executives as a result. For some insight on whether this admission of guilt will actually impact Goldman Sachs, as well as thoughts on its effect on the ongoing 1MDB trial, we speak to P. Gunasegaram, Editorial Consultant for news portal The Vibes, and author of the book '1MDB: The Scandal That Brought Down A Government'.

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Topics

Financial ServicesGovernment/Regulatory/Policy MakingEconomyMarketsPoliticsNewsCurrent Affairs1mdbgoldman sachscorruptionusnajib