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Goldman Sachs Legal Chief Exits Amid Epstein Scandal, Markets React

Goldman Sachs Legal Chief Exits Amid Epstein Scandal, Markets React

Author:

Global Cryptocurrency

Published:

2026-02-13 15:01:01

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BTCCSquare news:

Goldman Sachs shares tumbled in pre-market trading after general counsel Kathy Ruemmler announced her resignation following revelations of her communications with Jeffrey Epstein. The bank's stock dropped 4.24% as broader markets also declined, with the Dow Jones shedding 1.34% and tech-heavy Nasdaq falling 2.03%.

Ruemmler described the media scrutiny as 'untenable,' telling the Financial Times the attention had become a distraction. Her departure marks another high-profile exit tied to the Epstein case, though Goldman CEO David Solomon praised her as 'extraordinarily accomplished.'

The news comes during a fragile period for traditional finance markets, contrasting with cryptocurrency markets that have shown resilience amid institutional turmoil. No direct crypto assets were mentioned in relation to this story.

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