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Gary Cohn Plays Hardball With Goldman to Defend Millions in Pay Over 1MDB Scandal

  • Bank is pressing its former president to give up pay over 1MDB
  • Forfeitures are centerpiece of plan to hold execs accountable
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Goldman Pressing Gary Cohn to Give Up Over $10M in Pay Over 1MDB

When Goldman Sachs declared its intent to reclaim $67 million from five former top executives over the sprawling 1MDB corruption scandal, it made clear it had already pocketed the money from all but one of them.

The lone holdout -- Gary Cohn. Six weeks later, Goldman is still waiting on its former president to pony up the cash.