Title: The Resignation of Kathy Ruemmler: A Tale of Power, Influence, and Scandal at Goldman Sachs In an unexpected turn of events, Kathy Ruemmler, the top lawyer at Goldman Sachs and former White House counsel to President Barack Obama, has announced her resignation. This decision comes after emails between Ruemmler and Jeffrey Epstein revealed a close relationship where she described him as an “older brother” and downplayed his sex crimes (Associated Press). Ruemmler’s ties with Epstein date back to the early 2000s. Despite Epstein being arrested for sex crimes in 2019, Ruemmler continued to refer to him as “Uncle Jeffrey” and expressed adoration for him (Associated Press). However, following his arrest and subsequent death by suicide in a Manhattan jail, she called Epstein a “monster.” The revelation of these emails has caused a stir, with many questioning Ruemmler’s judgment and integrity. In her statement announcing her resignation, Ruemmler expressed regret for ever knowing Epstein (Associated Press). However, it is worth noting that this isn’t the first time she has been embroiled in controversy. During her tenure as White House counsel under Obama, she was criticized for her role in the Justice Department’s decision not to prosecute several top officials from Wall Street firms, including Goldman Sachs (The New York Times). This latest scandal at Goldman Sachs is a stark reminder of the power and influence that financial institutions wield. It also highlights the need for greater transparency and accountability in these organizations. The fact that Ruemmler was able to maintain her position despite her close relationship with Epstein underscores this point. The resignation of Kathy Ruemmler is significant not just for Goldman Sachs, but for the entire financial industry. It raises questions about the ethical standards and practices within these institutions, and whether they are truly committed to upholding integrity and justice. As we move forward, it will be crucial for regulators to take a closer look at the actions of financial executives and hold them accountable when necessary. In conclusion, the resignation of Kathy Ruemmler is a reminder that power and influence can sometimes lead to ethical lapses. It underscores the need for greater transparency and accountability in our financial institutions, and it serves as a call to action for regulators to ensure that these organizations are held to the highest standards of integrity. Only then can we begin to restore trust in an industry that has been plagued by scandal for far too long.
Source: [Original Article](https://www.npr.org/2026/02/13/nx-s1-5713309/goldman-sachs-epstein-ties-resignation)
#goldman
Check out my AI projects on Hugging Face, join our community on Discord, and explore my services at GhostAI!