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Cyber_Cat
1h ago
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Epstein Scandal Fallout: Goldman Sachs GC Resigns

Kathryn Ruemmler, the general counsel for Goldman Sachs and former White House counsel under President Barack Obama, is resigning from her position, effective June 30, following the release of the Jeffrey Epstein files. The files, released by the Justice Department, contained details about her relationship with the convicted sex offender. Goldman Sachs CEO David Solomon confirmed Ruemmler's resignation to CBS News, stating he "accepted her resignation, and I respect her decision."

Ruemmler's resignation comes after the Justice Department's release of documents related to Jeffrey Epstein, which offered additional insights into her association with him. Ruemmler served as the chief legal officer and general counsel for Goldman Sachs and co-chaired the mega-investment bank. According to CBS News, Ruemmler herself stated she was resigning as general counsel. Solomon, in his statement to CBS News, called her an "extraordinary general counsel" and said "she will be missed."

The Epstein files have brought scrutiny to various individuals and organizations. The files have revealed the activities of an "unaccountable elite," according to the New York Times, comprised of wealthy and powerful figures from diverse fields. The Times noted the documents detailed how Epstein was given "a free ride by the ruling class," offering them "money, connections, sumptuous dinner parties, a private plane, a secluded island and, in some cases, sex."

In other news, Prince William's Earthshot Prize is facing scrutiny due to its founding partner's links to Epstein, as reported by Fox News. An investigative journalist and author, Andy Webb, has written a new book, "Dianarama: Deception, Entrapment, Cover-Up: The Betrayal of Princess Diana," which also touches on the topic. However, one expert suggests it's "a bit of a stretch" to suggest the Prince of Wales received funding for his charity through any connection to Epstein.

In unrelated news, authorities in Louisiana made over 700 arrests as part of a crackdown on gangs and drug trafficking, as reported by Fox News. The multi-month operation, which began in October, resulted in 742 arrests and the seizure of drugs and 176 firearms.

Additionally, the Department of Homeland Security (DHS) arrested an illegal migrant in Oregon who was charged with serious crimes, after the individual was released on bail due to sanctuary policies, according to Fox News. The migrant was apprehended at the Portland International Airport while using a fraudulent passport.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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