The commenters saying GS could just withdraw from Malaysia to sidestep any repercussions are mistaken.
First, US prosecutors are also investigating this (and ironically so is the Federal Reserve). Now US banks might get soft glove treatment in their home country but so far the American authorities have shown some teeth in this scandal.
Second, GS executives are personally named in law suits. Malaysia has foreign assistance treaties in other countries where GS operates so that'd be sticky.
Finally, the reputation damage from GS withdrawing from a country to avoid a lawsuit would be hugely damaging.
First, US prosecutors are also investigating this (and ironically so is the Federal Reserve). Now US banks might get soft glove treatment in their home country but so far the American authorities have shown some teeth in this scandal.
Second, GS executives are personally named in law suits. Malaysia has foreign assistance treaties in other countries where GS operates so that'd be sticky.
Finally, the reputation damage from GS withdrawing from a country to avoid a lawsuit would be hugely damaging.