Shocker...Goldman Sachs Under Investigation For Using Whores To Close Business Deals
Guardian – Goldman Sachs bankers paid for prostitutes, private jets and five-star hotels and held business meetings on yachts to win business from a Libyan investment fund set up under Gaddafi regime, the high court in London was told yesterday.The accusations were made at the hearing for a claim of $1.2bn (£846m) from the Wall Street bank by the fund set up under the regime of Libyan dictator Muammar Gaddafi.
Roger Masefield, a QC for LIA, set out the background to nine trades that Goldman Sachs executed for the Libyan sovereign wealth fund between January and April 2008. When the losses emerged, Masefield said one Libyan official described Goldman as the “bank of mafiosa”.
In documents provided to the court by the LIA cited Goldman Sachs describing the sovereign wealth fund as having “zero-level” financial sophistication and one individual having “delivered a pitch on structured leveraged loans to someone who lives in the middle of the desert with his camels”.
According to the skeleton argument presented to the court by the LIA: “Mr Kabbaj took Haitem Zarti on holidays to Morocco on various occasions. Mr Kabbaj also took him to Dubai for a conference, with the business class flights and five-star accommodation being paid by Goldman Sachs. Documents disclosed by Goldman Sachs show that during that drip Mr Kabbaj went so far as to arrange for a pair of prostitutes to entertain them both one evening.”
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Spoiler alert! The rich and powerful people in the world like to fuck prostitutes and do shady shit to close business deals. I know, I know, I was shocked too. Wonder how Goldman will recover from these shocking allegations and all the negative press? Once the world sees these hedge fund guys spend incredible sums of money on luxury items and unsavory things like sex they could be in a lot of trouble.
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Meanwhile, in real life: everyone at Goldman Sachs when they heard themselves referred to as “Bank of Mafiosa”:
All I know is that when we get hit with fire insults like that we instantly print up t-shirts and wear them with pride. All PR is good PR. Still sleep in my We Weaponize Social Media tee. Although this is Goldman so I’m sure they printed up like, silk robes, or added the phrase to their private jets or something like that.