Catherine Read

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Western financial institutions, from Goldman to auditors and private banks, had unwittingly helped Low get away with it, impoverishing Malaysia. As Low amassed his art collection, he paid no heed to the 60 percent of Malaysian households who lived on less than $1,600 a month. The 1MDB fund had amassed $10 billion in debt, which would weigh on future generations. Prime Minister Najib boasted the country would attain developed-world living standards by 2020. But the leaders of the country, as they enriched themselves, were failing to achieve this. With national income of $10,000 per person, a ...more
Billion Dollar Whale: The Man Who Fooled Wall Street, Hollywood, and the World
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