A Former FINRA Board Member Now Resigns from Goldman After Epstein Email Embarrassment
Kathy Ruemmler, a former FINRA board member has now resigned from Goldman Sachs after embarrassing emails were released between her and the late sex offender, Jeffrey Epstein.
Emails show Ruemmler referring to Epstein as ‘Uncle Jeffrey’.
According to details released by the Justice Department, Ruemmler advised Epstein on how to push back against media and also accepted luxury gifts from him.
In response to her resignation, she stated: “My responsibility is to put Goldman Sachs’ interests first.”
CEO David Solomon thanked Ruemmler. Her resignation will be taking effect on June 30.
Kathy Ruemmler joined Goldman Sachs in 2020 and temporarily served as a FINRA board member in 2021, the year of the infamous ‘meme stock’ frenzy.
When asked about her ties to Epstein, she stated to Reuters: “I got to know him [Epstein] as a lawyer and that was the foundation of my relationship with him.
“I 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.”
Despite alleging her relationship wasn’t personal, Ruemmler accepted lavish gifts from Epstein including a Hermès purse priced at $9,350 in 2016 and a Fendi coat and bag costing $6,800 in August of 2018.
Other gifts included wine, flowers, and even a massage at the Four Seasons in Washington per Reuters.
What Happens Now?
Ruemmler’s connection to Jeffrey Epstein further complicates and adds to Goldman Sach’s history of shadiness.
The bank itself has had long ties of questionable actions, including scandals relating to fraud, market manipulation, and even gender discrimination lawsuits.
The corporate world with ties to elite profiles such as Epstein is beginning to unravel a network that might not surprise too many people.
What we do hope to see is light get shed on actors like Reummler for accountability.
The can of worms are open now and there is no going back.
And with so much coming out now in the world of Epstein, America better be prepared to demand our government for further action.
But I’m curious to know what you think. Leave your thoughts down below.
Also Read: House Financial Services Committee Says SEC Politicized Rulemaking During Gensler’s Tenure
