Goldman to Face New York Bank Regulator Over 1MDB Bonds

The video discusses Goldman Sachs' involvement in the 1MDB scandal, where billions were allegedly misused for money laundering. It explores the regulatory and legal challenges faced by Goldman, the cooperation among international regulators, and the potential consequences if Goldman is found liable. The video also compares the 1MDB case with other sovereign wealth funds, highlighting issues of transparency and corruption.

What challenges do regulators face when investigating large global financial scandals?

What were some of the uses of the funds raised by the One MDB for infrastructure development?