Epstein Ties Cut Short Goldman Sachs Career

Kathryn Ruemmler, a former Obama administration bigwig, is out of a job at Goldman Sachs after it came to light she was pals with convicted sex offender Jeffrey Epstein. Emails revealed their friendship spanned years, which is all it took for Goldman to show her the door.

A Sudden Exit

Ruemmler’s resignation shouldn’t come as a shock. It’s not like Goldman Sachs is known for its tolerance of scandals. The firm’s swift action to distance itself from Ruemmler says it all – they won’t risk their reputation over someone with ties to a convicted sex offender, no matter how high up they are.

It’s a pretty simple equation: if you’re friends with a guy like Epstein, you’re toxic. And no one wants toxic around, especially not in the finance world where reputation is everything. Ruemmler learned that the hard way.