In this first live recording of Everything Compliance, an abbreviated crew of Matt Kelly, Jay Rosen and Tom Fox provide their initial thoughts and questions on the Goldman Sachs 1MDB FCPA settlement.
For a preliminary look, check out Matt’s blog post Goldman Sachs Giant FCPA Deal on Radical Compliance.
Tag: Goldman Sachs
- Wall Street Journal
- New York Times
- Financial Times
- Washington Post
This week I have a special five-part podcast series where I am joined by Amii Barnard-Bahn to review some of the top business leadership failures of 2019. Today, we take a look at leadership failures from Goldman Sachs and the 1MDB corruption scandal. Some of the issues we explore in this podcast include:
- The Goldman Sachs/1MDB imbroglio is one largest geopolitical scandal of the decade and may well be for the 2020s as well.
- This matter featured widespread corruption in the level of controls circumvented, at the very top levels of leadership. A settlement seems close as Goldman Sachs has announced a reserve of over $2bn to resolve the matter.
- There is hope that new CEO David Solomon will initiate a major culture change.
About Amii
Amii Barnard-Bahn, JD, PCC, CCEP, CCEP-I is an executive coach who specializes in accelerating the success of legal and compliance executives and their teams. A leadership columnist for Compliance Week and Fellow at the Harvard Institute of Coaching, Amii previously shaped company culture and strategic initiatives as an executive (CAO, Chief Compliance Officer, and Chief Human Resources Officer) at companies such as McKesson and Allianz. Forbes has recognized Amii as “one of the top coaches for legal and compliance executives.”
Contact Amii
Executive Coach and Strategic Advisor
Barnard-Bahn Coaching & Consulting
Office: (510) 301-0400 | Email: amii@barnardbahn.com |website: www.barnardbahn.com
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