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[–] letsdothis3 ago 

Goldman Sachs CEO defends bank's culture amid 1MDB scandal

Goldman Sachs (GS) faces lawsuits and investigations tied to its role in raising money for Malaysia's sovereign wealth fund, 1Malaysia Development Berhad. The Justice Department claims that conspirators misappropriated $4.5 billion from 1MDB, and has zeroed in on Goldman's role in the scheme. Goldman orchestrated three large bond offerings for 1MDB in 2012 and 2013. The bond sales, which raised a total of $6.5 billion, earned Goldman Sachs a whopping $600 million in fees. In the end, almost half of the money that Goldman raised for the fund was allegedly siphoned off to pay for jewelry and fine art, and to fund bribes and kickbacks to foreign officials, according to US officials.

voat posts on 1MDB:

Kevin Spacey Delivers Pizza to Paparazzi While Wearing a “Retired Since 2017″ Hat Kevin Spacey has been spotted in Baltimore, where he gave a photographer a Domino’s pizza while wearing a hat reading “Retired since 2017.”