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Goldman's corporate culture loomed over sentencing of ex-partner for 1MDB fraud

By Samuel Rubenfeld ( May 29, 2025, 23:17 GMT | Comment) -- The corporate culture at Goldman Sachs cast a shadow over today’s sentencing of former partner Tim Leissner over his involvement in a fraud scheme at the Malaysian sovereign wealth fund 1MDB. Leissner has blamed Goldman’s corporate culture for his conduct since his 2018 guilty plea. The investment bank took issue with Leissner’s attempt to explain his conduct by referring to the pressure Goldman put on him to generate business, according to a letter filed ahead of his sentencing.The corporate culture at Goldman Sachs cast a shadow over today’s sentencing of former partner Tim Leissner over his involvement in a fraud scheme at the Malaysian sovereign wealth fund 1MDB....

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