Goldman Sachs’ apology won’t mitigate 1MDB litigation risk

How far will Goldman Sachs’ apology to the “Malaysia people” for its role in the multi-billion dollar 1Malaysia Development Berhad (1MDB) sovereign fund scandal go to mitigate the investment bank’s rising litigation risk and potential future payout of massive fines? David Solomon, Goldman’s chief executive officer, said on a conference call with analysts on Wednesday […]