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.
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