Epstein emails about Goldman’s Kathryn Ruemmler – Business News
Senior executives at Goldman Sachs are reportedly uneasy about the bank’s determination to stand by its prime lawyer Kathryn Ruemmler — regardless of a newly launched cache of emails that shed more mild on the close friendship she shared with late financier and intercourse offender Jeffrey Epstein.
Ruemmler, the chief legal officer and normal counsel on the Manhattan-based investment bank, has had the backing of CEO David Solomon regardless of dozens of emails that show how chummy she was with Epstein after he pleaded guilty to soliciting and procuring a minor for prostitution.
But prime companions on the firm are privately ruing the bank’s public statements of assist for Ruemmler in current months, together with from Solomon, Bloomberg News reported.
Kathryn Ruemmler, Goldman Sachs’ chief legal officer, is dealing with contemporary scrutiny after newly launched emails detailed her close friendship with Jeffrey Epstein. NBCU Photo Bank/NBCUniversal by way of Getty Images
Solomon informed CNBC in December that Ruemmler “is an excellent lawyer and the organization relies on her guidance every single day.”
Goldman spokesperson Tony Fratto mentioned earlier this week that “Kathy was always forthcoming” with the bank and that she “disclosed her association with Epstein before joining the firm and she has answered every question the firm has ever asked.”
Still, the Ruemmler-Epstein emails have reportedly solid a pall over Goldman’s annual retreat, the place some 400 companions from all over the world are set to collect later this week at a luxurious resort in Miami Beach.
Goldman declined to remark.
But a Goldman source disputed the characterization of the retreat, telling The Post: “The mood at the meeting has been very positive.”
“Partners are using the time to focus on how we keep the momentum from last year’s record results,” the source added.
Goldman executives have been reportedly sad to learn about the costly presents that Epstein purchased for Ruemmler, who befriended the convicted pedophile years earlier than she joined the bank.
Goldman CEO David Solomon has publicly backed Ruemmler regardless of unease amongst some senior companions over her Epstein ties, in accordance with a report. REUTERS
The DOJ recordsdata show Epstein lavished Ruemmler, who was a companion at law firm Latham & Watkins on the time, with costly presents together with a $9,400 Hermès bag, a $4,200 Fendi fur-trimmed plaid wool coat, and a $1,700 Fendi leather-based shoulder bag.
When Epstein’s workplace requested whether or not she wished a new Apple Watch band, Ruemmler requested an indigo blue leather-based strap from Hermès, in accordance with the data.
Other emails show Epstein’s employees offering to buy her Broadway tickets, and Ruemmler as soon as reminding the sick financier that she likes wine with dinner, signing off with “xoxo” and a smiley emoji.
Goldman executives who spoke to Bloomberg News on situation of anonymity mentioned that they might be fired for accepting presents value a fraction of the worth that Ruemmler was given by Epstein earlier than she was employed by the firm.
A Goldman source informed The Post that Ruemmler wasn’t an worker of the bank when this occured and “the compliance policies at law firms are different than the compliance policies at regulated banks.”
“Kathy has complied with the relevant policies everywhere she’s worked,” the source added.
Newly launched DOJ recordsdata show Epstein showered Ruemmler with costly presents together with a $9,400 Hermès bag and a $4,200 Fendi coat, earlier than she joined Goldman. DOJ
Newly launched emails show Ruemmler used an affectionate tone with Epstein, at instances calling him “Uncle Jeffrey” and likening him to “another older brother,” in accordance with emails shared by the Justice Department.
She additionally forwarded Epstein an indignant electronic mail from the spouse of his lawyer Reid Weingarten accusing Ruemmler of having an affair with Weingarten.
In one 2017 exchange concerning intercourse crimes, Ruemmler addressed Epstein as “sweetie,” writing: “I hear you, sweetie, but there is abuse of p=wer with your stuff too. I know you didn’t think about it tha= way, but it’s there. And, yes, please kee= your head down. :-)”
The messages additionally doc Ruemmler showing to precise deep personal attachment to Epstein. In a 2015 electronic mail, she informed him: “friendships goes two ways — getti=g you some peace with respect to all of this legal shit is important to me.”
Later that yr, she wrote to Epstein’s assistant: “Well, I adore him.”
Some Goldman executives privately informed Bloomberg they might be fired for accepting presents value a fraction of what Epstein gave Ruemmler. Goldman headquarters is seen above.
In one other exchange, by which Epstein raised questions about prostitution and consent, Ruemmler responded that minors “could not legally consent to engaging in prostitution.”
In a completely different missive, she requested whether or not she had left a ring behind at Epstein’s home, later being informed by an assistant that it had been discovered. Goldman spokesman Tony Fratto mentioned the ring was left after “an afternoon meeting.”
A Goldman source mentioned that regardless of the newest revelations, the bank’s management workforce “stands by its previous comments.”
Ruemmler informed The Post earlier this week that she was “friendly with” Epstein after she “got to know him as a lawyer and that was the foundation of my relationship with him.”
“This is how I am and how I interact with people in both my professional and personal lives,” Ruemmler mentioned.
Ruemmler, who additionally enlisted Epstein’s help in attempting to land a senior gig at Facebook, added that she “had no knowledge of any ongoing criminal conduct on his part, and I did not know him as the monster he has been revealed to be.”
