Goldman Sachs Essay - Pt1

Front

What was the time period of the Great Recession?

Back

2007-2009

Front

What is it called when an investor borrows shares, sells them at a high price, buys them back at a lower price, and returns the shares to the lender?

Back

Taking a short position

Front

What is bailout money typically given for?

Back

Bailout money is typically given by the government to banks.

Tags

CCSS.RI. 9-10.2

CCSS.RL.11-12.2

CCSS.RL.9-10.2

CCSS.RI.11-12.2

CCSS.RL.8.2

Front

What is a loan from a bank specifically to buy a house or land called?

Back

Mortgage

Front

Where is Goldman Sachs headquartered?

Back

New York

Front

What is the definition of a mortgage?

Back

A mortgage is a loan specifically for purchasing real estate, where the property serves as collateral.

Tags

CCSS.RI.9-10.5

CCSS.RI.11-12.5

CCSS.RI.8.5

CCSS.RI.7.5

CCSS.RI.6.5

Front

What does it mean to take a long position in investing?

Back

Taking a long position means buying an asset with the expectation that its price will rise.

Front

What is the role of the government in a financial bailout?

Back

The government provides financial assistance to stabilize banks or businesses during economic crises.

Tags

CCSS.RI.11-12.5

CCSS.RI.9-10.5

CCSS.RI.8.5

CCSS.RI.7.5

CCSS.RI.6.5

Front

What is the difference between a bond and a mortgage?

Back

A bond is a debt security issued by corporations or governments, while a mortgage is a specific type of loan for real estate.

Front

What is the purpose of a financial institution like Goldman Sachs?

Back

Goldman Sachs provides investment banking, securities, and investment management services.

Tags

CCSS.RI.11-12.5

CCSS.RI.9-10.5

CCSS.RI.8.5

CCSS.RI.7.5

CCSS.RI.6.5