Goldman Sachs CEO David Solomon apologized to the Malaysian people for the role of one of his former bankers in the 1MDB scandal. “It’s very clear that the people of Malaysia were defrauded by many individuals, including the highest members of the prior government,” Solomon said at the start of a conference call to discuss fourth-quarter earnings. “Tim Leissner, who was a partner at our firm, by his own admission was one of those people,” Solomon said. “For Leissner’s role in that fraud, we apologize to the Malaysian people.” Solomon went on to reiterate several points that the bank has already made: In its internal ... (full story)