Banker Accused of Fraud Seemed to Have It All

The video discusses Andrew Caspersen, a financier involved in a legal scandal. He is the son of Finn Caspersen, who created Beneficial Corp, later part of HSBC. Andrew and his brothers, all Harvard Law graduates, are notable figures in finance. The video explores PJT's spin-off from Blackstone and the subsequent internal investigation that led to Andrew's arrest. A charity linked to a New York hedge fund was defrauded of $25 million, which was lost in options trading. The video raises questions about restitution and accountability.

What was the significant achievement of Andrew Caspersen's father, Finn Caspersen?

• He was a famous political figure in New Jersey.

• He was a renowned psychologist.

• He created Beneficial Corp and sold it to a company that became HSBC.

• He founded a multinational hedge fund.

What was the relationship between PJT Partners and Blackstone?

• PJT Partners and Blackstone merged.

• PJT Partners acquired Blackstone.

• PJT Partners recently spun off from Blackstone.

• PJT Partners was a subsidiary of Blackstone.

When did PJT Partners start their internal investigation into Andrew Caspersen's activities?

• In January

• In February

• In April

• On March 14th

What was the nature of the financial loss involving the charity?

• The funds were lost in options trading.

• The money was donated to another charity.

• The money was used for personal expenses.

• The funds were invested in real estate.

How much money was involved in the fraud related to the charity?

• $30 million

• $10 million

• $15 million

• $25 million