Unlike my PM Mahathir, I am non anti-Jew. Alll I am interested inwards is the way they colluded amongst people inwards mightiness to screw the residue of the Malaysian public. Let me know if ANY OF THE WORDS I USED ARE NOT TRUE!!!! I volition gladly apologise.
There is a large departure if I tin flame cosy upward to Gadaffi .... or I tin flame cosy upward to Merkel. There volition last a Blue Planet of departure inwards damage of the things I tin flame do, the things I tin flame larn done, as well as the things I tin flame say "I got this, don't bother me".
Now, nosotros know the magnitude of the calamity from 1MDB, without Goldman Sachs help, where would nosotros be???!!
My PM Mahathir said, Goldman Offered US$241 Million to Settle 1MDB,....
Harrooo, slap me inwards the appear upward as well as kill my entire hamlet please... same effect. Why I wrote this article, its the audacity of offering USD241m... its similar raping person as well as offering xx sen... larn as well as play inwards the canteen, don't tell your parents. THE OFFER is mockingly so, it assumes that the Malaysian populace as well as authorities are idiots.
Goldman, either yous were complicit or yous weren't. If yous weren't... why fifty-fifty offer. You offered way yous know yous have got been really naughty.
But if yous were a lilliputian fleck complicit... ... the figure should last closer to USD3-4bn, as well as non USD241m.
So, past times way of liability... yous basically recollect GS is only liable for USD241m. Hmm... I would dearest to listen yous justify that. I don't know what spreadsheet ypu volition last pulling to justify that though.
“Goldman offered RM1 billion but they made 10% from it,” Mahathir said. When asked past times moderator Haslinda Amin, what would last a reasonable sum, Mahathir said that it would have got to last at to the lowest degree 10% of the full US$6.9 billion.
If yous asked my PM he says roughly USD700m, Goldman Sach, yous meliorate only pay that. Because from all calculations it should last roughly USD3-4bn if yous include fines as well as punitive charges.
Goldman Sachs, yous know really good your portion toll has tried to DISCOUNT WHAT THE PENALTY SHOULD BE!!!!! Look at the timeline as well as newsflow, yous lost almost USD70 per portion based on the 1MDB linkages alone!!!!
USD seventy / USD 250 = 28%... the marketplace has acknowledged yous ARE FUCKING GUILTY as well as whacked USD20BN... dua puloh billion dollar Amerika Syarikat saha...(bloody) ja.
YOU WOULD RATHER SEE xx BILLION USD BEING WHACKED OFF THAN COMPENSATE MALAYSIA 3-4 BILLION USD .... whackos. If you'd only pace upward early, acknowledge liability, paid USD4bn, I guarantee yous your portion toll would last higher than its electrical flow past times 25%. Numbskulls... got brains, but numbskulls nonetheless.
WHY $3-4 Billion??
March 2019 - Goldman Sachs has been fined £34.4m past times the Great Britain regulator for misreporting millions of transactions over a decade. The U.S. investment banking company was criticised past times the Financial Conduct Authority for “serious as well as prolonged failures” at its London-based international arm later reports for to a greater extent than than 213m transactions betwixt Nov 2007 as well as March 2017 were non filed inwards an accurate as well as timely manner. The FCA also said Goldman “failed to have got reasonable aid to organise as well as command its affairs responsibly as well as effectively” inwards relation to those transactions. Goldman’s fine is the largest imposed past times the FCA to appointment over transaction reporting breaches.
Goldman Sachs was fined 34.4m pounds for the higher upward transgression. Do yous recollect it is similar to their piece of job inwards 1MDB? Cause Goldman Sach seems to recollect thence every bit the RM214m offered was virtually similar sum. Please!!!
The bond deals inwards question, worth $6.5 billion total, took house inwards 2012 as well as 2013, as well as Goldman got $600 meg inwards fees for those deals. Malaysia's finance government minister said he wants Goldman to pay $7.5 billion inwards reparations. Malaysia's attorney full general said the authorities would try fines "well inwards excess" of $2.7 billion from the defendants.
Citi estimates Goldman volition have penalties ranging from US$1.5 billion to US$9 billion, as well as assumes a base of operations representative of US$4 billion to US$5 billion, though describe of piece of job organisation activities are unlikely to last suspended.
Onerous fines as well as restrictions may depend on perceptions virtually Goldman's compliance structure. If regulators thought this to a greater extent than every bit an isolated incident as well as believe Goldman has an effective compliance programme, consistent amongst Goldman's stated position, as well as then the fine would last on the lower terminate of the range.
Citi's to a greater extent than bearish scenarios "get to the civilisation of the firm". News of a potential connecter to Lloyd Blankfein, alleging the then-CEO attended meetings amongst Jho Low, began to surface on Nov 8. This meant that the "act" was to a greater extent than a thing of civilisation inwards Goldman as well as fifty-fifty the travel past times bosses were inwards the loop - ratifying as well as supporting these dealings.
Thus the $600m would last a bse representative every bit Goldman should coughing dorsum every sen earned from the deal. The scandal caused losses of $4.5bn to Malaysia. Goldman should last fined punitive damages that should post a strong message to the bankers. If it was an isolated representative or where at that spot were a duad of rouge bankers acting on their own, the fines should last smaller, but hither nosotros are talking of a despicable civilisation permeating, working amongst underhanded untrustworthy authorities as well as beingness complicit amongst the shennanigans. H5N1 punitive fine of 4-6x the amount earned is almost a forgone conclusion. IF NOT, the bankers won't larn the message if they only have got to coughing dorsum the fees earned (if, as well as when, they larn caught).
https://www.bloomberg.com/news/articles/2019-06-21/goldman-made-241-million-1mdb-compensation-offer-mahathir-says?srnd=premium-asia
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