30 Mar '16, 8am

The Rise and Fall of Tim Leissner, Goldman’s Big Man in Malaysia: Max Abelson/ Elffie ChewBloombergMarch 30, 2...

Max Abelson/ Elffie Chew Bloomberg March 30, 2016 The prime minister of Malaysia had a message for the crowd at the Grand Hyatt San Francisco in September 2013. “We cannot have an egalitarian society — it’s impossible to have an egalitarian society,” Najib Razak said. “But certainly we can achieve a more equitable society.” Tim Leissner, one of Goldman Sachs Group Inc.’s star bankers, enjoyed the festivities that night with model Kimora Lee Simmons, who’s now his wife. In snapshots she posted to Twitter, she’s sitting next to Najib’s wife, and then standing between him and Leissner. Everyone smiled. The good times didn’t last. At least $681 million landed in the prime minister’s personal bank accounts that year, money his government has said was a gift from the Saudi royal family. The windfall triggered turmoil for him, investigations into the state fund he oversees and tr...

Full article: http://blog.limkitsiang.com/2016/03/30/the-rise-and-fall-...

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