The Goldman Sachs Group, Inc.

The Goldman Sachs–1MDB record asks what a bank must be able to prove before it commits its balance sheet, reputation and distribution network to a politically exposed, sovereign-linked transaction. The answer cannot stop at a completed checklist. It must show who established the identity and role of intermediaries, who challenged unusually rich economics and compressed timetables, what decision-makers knew, how contradictory information was aggregated, and whether an independent control function could stop the mandate before money moved.