Goldman’s CEO Says He’s ‘Personally Outraged’ by 1MDB Scandal
- Employee behavior tied to 1MDB scandal is ‘reprehensible’
- Bank is trying to counter arguments that fault lies with firm
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David Solomon had a message for Goldman Sachs Group Inc. employees shaken by the firm’s involvement in a multibillion fraud scandal: This isn’t us.
“I am personally outraged that any employee of the firm would undertake the actions spelled out in the government’s pleadings,” the firm’s chief executive officer said in a voicemail left with employees on Wednesday. “The behavior of those individuals is reprehensible and inconsistent with the good work and integrity that defines work that 40,000 of you do every day.”