Goldman: Paying For Prostitutes "Inappropriate" But Did Not Influence Investment DecisionsMark Melin
A Goldman Sachs employee using his own funds to purchase prostitutes for a relative of the head at the Libyan Investment Authority (LIA) was a mistake, a Goldman Sachs official said. But encouraging the man to “get divorced from your wife for a weekend” didn’t influence him in purchasing $1 billion in now worthless derivatives, the investment bank contended in court.
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible