Goldman Sachs And The Global 1MDB Scandal (video)

Goldman Sachs Entangled in Global 1MDB Scandal

With the indictment of two former senior Goldman Sachs bankers, accused by U.S. prosecutors of paying bribes, stealing and laundering money from a Malaysian sovereign-wealth fund, the Wall Street giant finds itself at the center of one of the world's largest-ever financial scandals. Wall Street Journal (wsj.com) video above published Nov 8, 2018.

Goldman Sachs Group Inc.
@GoldmanSachs
Domain: goldmansachs.com
NYSE: GS

$GS

The ex-Goldman Sachs banker who pleaded guilty to conspiring to steal money from Malaysia's state investment fund says Goldman's "culture" encouraged executives to work around the legal team to score business--it was "very much in line of its culture of Goldman Sachs to conceal facts from certain compliance and legal employees"--Tim Leissner, Goldman's former Southeast Asia chairman, in his guilty plea in August, unsealed in federal court in Brooklyn Friday Nov 9, 2018, as reported by cnn.com.

Official Twitter for 1Malaysia Development Berhad: @1MDB
Domain: 1mdb.com.my

A source said ex- #GoldmanSachs chief Lloyd Blankfein and #JhoLow attended a meeting in Nov 2009 hosted by #NajibRazak at his hotel in #NewYork. https://t.co/UmzF3nAB77#1MDB

— New Straits Times (@NST_Online) November 11, 2018

Goldman Sachs has serious questions to answer about #1MDB https://t.co/LGP8dMYsVs by @brookeamasters via @financialtimes

— Richard Bistrong (@RichardBistrong) November 7, 2018

Goldman Sachs's new partners — added diversity

Latest Goldman Sachs promotions come from a vast spectrum of individuals - investment bankers, traders, risk experts and lenders, but was the smallest group of new partners for 20 years. FT.com video published Nov 8, 2018.

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Is Mark Zuckerberg The 'Most Dangerous Person’ In The World? (video)

UPDATE: Mark Zuckerberg at the EU Parliament Livestream Video Replay here (Brussels, May 22, 2018)

See also: Schedule of video broadcasts | Multimedia centre | European Parliament:

• 18:00 / 18:05 - 22-05-2018, Press conferences :Antonio TAJANI - EP President - Mark ZUCKERBERG - founder and CEO of Facebook - Handshake 

• 18:20 / 19:30 - 22-05-2018, Other events :EP Conference of Presidents with Mark ZUCKERBERG - founder and CEO of Facebook 

• 19:30 / 20:00 - 22-05-2018, Press conferences :Antonio TAJANI - President of the EP

• Meeting with Mark Zuckerberg at the European Parliament - Multimedia centre

• Other info.

Zuckerberg Is The ‘Most Dangerous Person’ In The World: NYU’s Scott Galloway

CNBC.com video above published May 11, 2018: NYU professor Scott Galloway discusses Facebook $FB CEO Mark Zuckerberg, comparing him to historical dictators.

Note: On Tuesday, May 22, Zuckerberg meets with members of the European Union Parliament. The appearance reportedly will be livestreamed here 18:15 to 19:30 in Brussels which means it starts in the U.S. at 12:15 EDT and 9.15 a.m. PDT.

I have personally discussed with Facebook CEO Mr Zuckerberg the possibilty of webstreaming meeting with him. I am glad to announce that he has accepted this new request. Great news for EU citizens. I thank him for the respect shown towards EP. Meeting tomorrow from 18:15 to 19:30

— Antonio Tajani (@EP_President) May 21, 2018

See EU Press Release May 21, 2018.

See also:

• The left turns up the heat to break up Facebook | Axios.com May 20, 2018
• California Today: San Francisco Nurses Protest the Zuckerberg Hospital’s Name May 15, 2018: It has not been a good year for the Mark Zuckerberg name, as Facebook has fallen deep into a series of privacy scandals over allowing millions of users’ personal data to be improperly exploited."--New York Times | NYTimes.com

Breaking up big tech could unleash another 20 to 30 years of unbelievable innovation and shareholder growth. New podcast w/ @karaswisher @Recode #tooembarrassed https://t.co/b3q79PDUf5

— Scott Galloway (@profgalloway) May 20, 2018

Facebook, Inc. (principal domain: Facebook.com) is a US-based online social media and social networking service company with headquarters in Menlo Park, California.
Founded: February 2004, Cambridge, MA
CEO: Mark Zuckerberg (Feb 4, 2004–)
Facebook subsidiaries

Stock Exchange: Symbol | NASDAQ: FB

Source of chart above: Statista.com

What happened to Facebook's plan to wire the world? via @jessiwrites https://t.co/GUoCN1QXxG

— Scott Galloway (@profgalloway) May 19, 2018

Apple CEO Tim Cook Touts Privacy In Duke Commencement Speech

CNBC.com video above published May 14, 2018: Recode managing editor Ed Lee discusses Apple CEO Tim Cook’s commencement speech at Duke University.

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FIFA Corruption Scandal A Warning for ICANN Post IANA Transition (video)

FIFA Officials Allegedly Paid Themselves $80 Million in Bonuses:

A FIFA (domain name: FIFA.com) corruption investigation revealed former president Seth Blatter and two other former executives allegedly paid each other bonuses totaling $80 million over the past five years. Video published June 6, 2016 by WSJ.com.

"Most [ICANN] staff members participate in the at-risk [Bonus] compensation program. Senior management determines which staff members will be eligible to participate, and the level of that participation. The Board has approved a framework whereby staff members are eligible to earn an at-risk payment of up to 20 percent of base compensation as at-risk payment based on role and level in the organization, with certain senior executives eligible for 30 percent."--ICANN Staff Remuneration Practices as of 1 January 2016 (embedded in full at the bottom of this post) (emphasis added)

ICANN Bylaws ARTICLE XIV: INDEMNIFICATION OF DIRECTORS, OFFICERS, EMPLOYEES, AND OTHER AGENTS: "ICANN shall, to maximum extent permitted by the CNPBCL [California Nonprofit Public Benefit Corporation Law], indemnify each of its agents against expenses, judgments, fines, settlements, and other amounts actually and reasonably incurred in connection with any proceeding arising by reason of the fact that any such person is or was an agent of ICANN, provided that the indemnified person's acts were done in good faith and in a manner that the indemnified person reasonably believed to be in ICANN's best interests and not criminal. For purposes of this Article, an "agent" of ICANN includes any person who is or was a Director, Officer, employee, or any other agent of ICANN (including a member of any Supporting Organization, any Advisory Committee, the Nominating Committee, any other ICANN committee, or the Technical Liaison Group) acting within the scope of his or her responsibility; or is or was serving at the request of ICANN as a Director, Officer, employee, or agent of another corporation, partnership, joint venture, trust, or other enterprise. The Board may adopt a resolution authorizing the purchase and maintenance of insurance on behalf of any agent of ICANN against any liability asserted against or incurred by the agent in such capacity or arising out of the agent's status as such, whether or not ICANN would have the power to indemnify the agent against that liability under the provisions of this Article." (emphasis added)

Office of the Attorney General | State of California - Department of Justice: "The Attorney General represents the People of California in civil and criminal matters before trial courts, appellate courts and the supreme courts of California and the United States."

California Corporations Code 5233: ".... (c) The [California] Attorney General or, if the Attorney General is joined as an indispensable party, any of the following may bring an action in the superior court of the proper county for the remedies specified in subdivision (h): (1) The corporation, or a member asserting the right in the name of the corporation pursuant to Section 5710. (2) A director of the corporation. (3) An officer of the corporation. (4) Any person granted relator status by the Attorney General ..."

Relator status: California Code of Regulations, Title 11, Sections 1-11: "SECTION 1 Any person desiring "leave to sue" in the name of the people of the State of California under any law requiring the prior permission therefor of the Attorney General (which person is herein referred to as the relator), shall serve his application (which shall include the papers referred to in Section 2) upon the proposed defendant and within five days after such service shall file the same with the Attorney General ...."

See also DomainMondo.com: News Review [Jun12]: IANA Transition Has Already Cost ICANN Over $28 Million (excerpt embedded below):


ICANN Staff Remuneration Practices as of 1 January 2016 (pdf) embedded below (highlighting added):


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