Business Blunders

Business Blunders

An Epstein Valentine

Goldman Sachs General Counsel Kathy Ruemmler will eventually resign after her chummy relationship with the world's most notorious pedophile is exposed

Al Lewis's avatar
Al Lewis
Feb 14, 2026
∙ Paid

This Week In Blunders - Feb. 8-14

“Today is Valentine's Day. Or, as men like to call it, extortion day.” - Jay Leno


Goldman Sachs is taking its sweet time realizing that it can’t have someone who once adored Jeffrey Epstein as its top lawyer.

Someone this tight with Epstein should not be chair of Goldman’s Firmwide Conduct Committee or co-vice chair of its Firmwide Reputational Risk Committee, either.

Kathy Ruemmler, 54, on Thursday announced she would resign, but not until June 30.

She has not accused of doing anything wrong at the prestigious firm, but the optics have been terrible since her name started emerging beside Epstein’s in 2023.

Worse, Goldman Sach’s top brass has doggedly stood behind her as financial publications hammered away, beginning with The Wall Street Journal.

Ruemmler has repeatedly characterized her work with Epstein as professional, but emails tell a different story: He showered her with gifts – including $10,000 in Bergdorf Goodman gift cards, a Herme’s bag and a $53,750 wire payment for a chartered jet ride.

She felt she could never return his kindness. And …

She probably never thought it might show up on the Justice Department’s website. (Comic: ChatGPT)

Business Blunders is a reader-supported publication. Please support my work. Consider becoming a free or paid subscriber.

Almost anyone can now troll through millions of pages in the Epstein files using a handy, searchable database on the Justice Department’s website. I say “almost anyone” because it’s kind of like an adult entertainment site. You have to attest that you’re at least 18 years old.

User's avatar

Continue reading this post for free, courtesy of Al Lewis.

Or purchase a paid subscription.
© 2026 Denston House Publishing · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture