In a jam: Goldman and 1MDB

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In a jam: Goldman and 1MDB

  • in a jam 陷入困境,事情搞得一团糟;处于困境
  1. Rolling Stone once dubbed Goldman Sachs a “vampire squid...jamming its blood funnel into anything that smells like money”.
  • Rolling Stone (美国)《滚石》杂志
  • dub 为(影片,广播节目等)配音;译制(影片)
  1. But the $600m it earned arranging bond offerings for 1MDB, a Malaysian state-development fund hit by a giant fraud, looks like an extraction too far.
  • fraud 骗子;欺诈罪;欺骗罪;行骗的人
  • extraction 提取;开采;提炼;拔出
  1. Investigators think much of the $6.5bn raised went astray.
  • go astray 走错路;误入歧途
  1. American authorities have charged Jho Low, a Malaysian financier, and two former Goldman men; of them, Tim Leissner, the ex-head of its South-East Asian business, has pleaded guilty.

  2. This week the bank will meet American prosecutors to argue that the scam was down to a few rogues and that Goldman, as a victim, should not face tough sanctions.

  • rogue 恶棍;无赖;乞丐;骗子
  1. Awkwardly, Mr Leissner said his efforts to conceal his actions from compliance colleagues were “very much in line” with Goldman’s culture.
  • conceal 隐蔽;把…隐藏起来;掩饰
  1. And it has emerged that Lloyd Blankfein, Goldman’s boss at the time, met Mr Low at least once.

  2. The squid is squirming.

  • squid 鱿鱼
  • squirm 蠕动;蠢动;折腾;觉得不好意思
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