Goldman Sachs previous top lawyer finally poised to leave Wall Street giant after Jeffrey Epstein uproar: sources

Kathy Ruemmler isn’t being pushed out of Goldman Sachs, but the company is making plans for her eventual departure from the big investment bank, On The Money has learned.That departure could take place in the coming weeks, when the firm, as expected, names a new general counsel.That’s the post Ruemmler held until earlier this year, when she decided to step down from the high-profile legal position amid the controversy over her past business association with the notorious child-sex predator and one time-high-flying financier, Jeffrey Epstein. Her departure as GC was effective in June but she remains as an adviser to the firm, helping with the GC search and other legal matters, that is until a permanent replacement is found, people with knowledge of the matter say.“I have no idea when exactly she will leave, but after (Goldman) selects a new general counsel, she will leave the firm,” said a person with knowledge of the matter.On The Money has covered the Ruemmler imbroglio since it first surfaced from emails that are part of the controversial “Epstein Files,” a document dump by the Trump administration that includes details about Epstein’s 2008 conviction for soliciting sex from a 17-year-old prostitute, his business dealings and later the multi-count child sex-trafficking case the government brought against him just before his 2019 suicide in a Manhattan jail cell. The documents span some 3.5 million pages of emails, images and videos detailing correspondence between the one-time top financial adviser and his well-heeled circle of business friends such as Ruemmler.Prior to joining Goldman, Ruemmler was a corporate lawyer whose client, a large Swiss bank, designated Epstein as someone she needed to consult with on legal matters — dealings she disclosed to Goldman before her hiring.

But her chatty correspondence with Epstein (she referred to him occasionally as “Uncle Jeffrey” while Epstein showered her with various gifts albeit unsolicited) cre...

Read More 
PaprClips
Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by PaprClips.
Publisher: New York Post

Recent Articles