It started, at least in terms of the public’s recognition, with a giant spending spree that reads like a Christmas wishlist for a billionaire. It has it all: Hollywood, corruption, some of the biggest names in arts, business and politics and eye-popping sums of money. Simmons lawyers have said their client did nothing wrong – and that communications between Simmons and Leissner are protected under marital privilege laws. Ng’s lawyers contend their client is a scapegoat for “corporate-wide” failures at Goldman that enabled the fraud. In court last week, attorneys for both the government and Goldman were keeping a watchful eye on the proceedings.

Source: The Guardian March 06, 2022 22:53 UTC