Merkel's Wirecard Ignorance Is a 'Fairy Tale': De Masi

Merkel's Wirecard Ignorance Is a 'Fairy Tale': De Masi

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the inquiry into Wirecard's collapse, highlighting missing funds and the investigation into how such a large-scale fraud went undetected. It questions Merkel's knowledge of the situation and explores Wirecard's diplomatic significance in German-Chinese relations. The impact on small investors is noted, though it's considered less significant compared to other events like the corona crisis management and CDU corruption scandal.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main focus of the inquiry into Wirecard?

The impact of the scandal on the German economy

The role of small investors in the company

The missing $2 billion and how the fraud went undetected

The company's expansion into China

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was questioned about Chancellor Merkel's involvement with Wirecard?

Her relationship with the Chinese government

Her role in the company's financial collapse

Her knowledge and actions regarding the company

Her decision to invest in Wirecard

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why was Wirecard considered a 'diplomatic jackpot' for Germany?

It had the highest number of investors in Germany

It was the first company with a cross-border payment license in China

It was the largest German company in the financial sector

It was the first German company to collapse due to fraud

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the Wirecard scandal affect small investors?

They were unaffected by the scandal

They lost their life savings

They gained significant profits

They received compensation from the government

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which event was considered to have a larger impact than the Wirecard scandal?

The expansion of Wirecard into China

The management of the COVID-19 crisis

The rise of small investors in Germany

The collapse of another financial giant