For those of you who’ve been following us for a while, you’ll know we believe that Goldman Sachs (vampire squid) is one of the largest criminal organizations is the world.
(Go to the search box on our site, , type in Goldman and hit send and see for yourself).
So, once again, the squid’s corruption practices are making headlines.
The DOJ recently launched a massive fraud involving the $6 Billion-dollar Malaysian fund called 1MDB.
According to U.S. court documents unsealed last week the 1MDB fund was plundered to the tune of $4.5 Billion.
What’s interesting is, former Goldman Sachs Southeast Asia Chief, Tim Leissner, has pleaded guilty to fraud charges.
He’s expected to cooperate with authorities against other more-senior officials at the bank.
It gets better.
Fellow Goldman banker, Roger Ng, was arrested by Malaysian police and is expected to be extradited to the US over the same 1MDB probe.
This whole affair is leading back to former CEO Lloyd (“Doing God’s Work) Blankfein.
Blankfein’s been identified as the “mystery” executive who attended a meeting with the former Malaysian Prime Minister in 2009.
Supposedly the meeting was in order to forge “better relationships” between Goldman and the Malaysian government.
The “better relationships” translated into $600 Million in fees for Goldman “Doing God’s Work” in creating the 1MDB fund.
So now that the DOJ is “looking at” the former CEO/Blankfein maybe it should also look at the US State Department for allowing billions in illicit funds to flow across US borders.
While they’re at it, the DOJ should also look at the Secretary of State at the time when these fraudulent schemes were taking place.
Any guesses who that might be?
Who’d a thunk it?
Read more HERE.