Goldman sees 1MDB scandal could cost a year of earnings: Fox

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BEIJING (Feb 14): Goldman Sachs senior executives believe that the potential liability associated with its role as an underwriter of 1MDB fund could cost about $10b, compared to the $2b originally estimated, Fox reports, citing people familiar with the thinking of these executives.

* A Goldman spokesman declined to comment to Fox

* NOTE: Goldman 2018 net $10.46b

* NOTE: Malaysia Won’t Compromise in Goldman 1MDB Talks, Anwar Says (1)