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Goldman Sachs exploited 1MDB, made it look legit, says comedian Hasan Minhaj – Malay Mail

Goldman Sachs exploited 1MDB, made it look legit, says comedian Hasan Minhaj  Malay Mail

KUALA LUMPUR, June 3 — Goldman Sachs used its reputation to exploit sovereign wealth funds like 1Malaysia Development Berhad (1MDB) and to lend a veneer of legitimacy, a US comedian said. Hasan Minhaj described how the US investment bank was similar to “leafy circles” accolades attributed on movie posters, where one usually doesn’t read them but trusts them when one sees it. “Whether you like them or not, Goldman is synonymous with money, success and money again. “Goldman helped 1MDB appear more legit than they actually were,” he said on his weekly show, Patriot Act with Hasan Minhaj, on Ne…


Source: Financial New feed