Wake Up Call: Goldman Hires Akin Gump As Malaysia 1MDB Crisis Grows

December 18, 2018, 12:11 PM UTC
  • Goldman Sachs has hired Akin Gump to represent employees questioned by federal authorities over the Wall Street investment bank’s involvement in the Malaysia 1MDB scandal, the Times reports. In a deepening crisis, Goldman faces potentially billions in penalties from U.S. regulators and criminal charges in Malaysia. (New York Times) (Bloomberg News via BLB)

  • CBS Corp.'s board denied a $120 million severance payment to former CEO Les Moonves, saying he violated the company’s policies and failed to comply with the internal investigation. The network in September hired Covington & Burling and Debevoise & Plimpton to investigate sexual ...

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