Bloomberg
The Harvey Weinstein drama has reached Wall Street.
Goldman Sachs Group Inc. is exploring options for its less-than $1 million stake in Weinstein Co., the film studio that Harvey co-founded with his brother Bob, according to bank spokesman Andrew Williams. Harvey was booted from the studio after allegations that he had assaulted women over decades. The bank was an initial investor in the studio when the brothers founded it in 2005.
“There is no place for the inexcusable behavior that had been reported, and we strongly condemn it,†Williams said in an emailed statement. The Financial Times previously reported that the bank was evaluating its stake.