With Goldman shares in free fall (lending a patina of irony to the bank’s call that US stocks are heading for a bear market), CEO David Solomon is doing some much-needed damage control as the DOJ digs into the bank’s role in facilitating the $4.5 billion fraud at Malaysian sovereign wealth fund 1MDB.

Solomon, who inherited the scandal from his predecessor Lloyd Blankfein (who himself has been identified as the “mystery” bank executive who attended a 2009 meeting with Malaysian Prime Minister Najib Razak that helped the bank secure the deal), told Goldman employees Thursday that he was “personally outraged” by the bank’s role in the scandal, and assured employees that this wasn’t consistent with the bank’s “good work and integrity.”