Will Donald Trump tackle the vampire squid?

spectator.us - 02-17


Goldman Sachs isn’t just unpopular in the United States: their reputation black hole is expanding worldwide. In December 2018, Malaysia filed criminal charges against the investment giant over the 1MDB scandal, referred to as ‘the biggest financial scam in history’ — though Kuala Lumpur has indicated that it might be willing to drop the charges if Goldman pays $7.5 billion in reparations. After years of turning a blind eye to Goldman’s predatory behavior, hopefully 1MDB will push governments to take action against the firm memorably described as ‘a vampire squid’.