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GS to claw back pay from present and former CEOs and others for 1MDB fiasco

GS to claw back pay from present and former CEOs and others for 1MDB fiasco

Goldman Sachs intends to claw back or cut $174mn in compensation from current and former employees including CEO David Solomon and former CEO Lloyd Blankfein over 1MDB scandal. The company confirmed that it was in agreement for a broad settlement with US authorities over its role in 1MDB fiasco, in which a $6.5bn Malaysian investment fund was burgled with the help of some of its bank’s employees.

Milan
Milan
THC..
THC.. 0 months

Working for Goldman Sachs seems like a great opportunity. However, it seems that this company is more devious and corrupt than Wells Fargo. These 2 firms are running neck and neck for top scumbag employers

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