Goldman Pressing Gary Cohn to Give Up Over $10M in Pay Over 1MDB

The video discusses the 1MDB scandal involving Goldman Sachs, highlighting the bank's efforts to settle probes and hold executives accountable. Despite these efforts, challenges remain, particularly with former executives like Gary Cohn, who are reluctant to return funds. The video explores the legal options available to Goldman, such as clawbacks, and questions the effectiveness of public accountability when quiet resolutions are preferred.

What was the primary reason for Goldman Sachs to settle the probes related to 1MDB?

• To avoid criminal charges

• To expand its business in Asia

• To increase its profits

• To repair its reputation

Why is Gary Cohn's reluctance to return money significant in the context of the 1MDB scandal?

• He was the mastermind behind the scandal

• He is a former president of Goldman Sachs

• He has already returned the money

• He was not involved in the scandal

What is the main legal challenge Goldman Sachs faces in recovering funds from former executives?

• Executives have declared bankruptcy

• Executives have fled the country

• Lack of legal recourse

• Funds are in offshore accounts

What is the potential consequence of Goldman Sachs publicly pursuing former executives for funds?

• It might damage the bank's reputation further

• It might increase the bank's profits

• It could result in a legal victory

• It could lead to a new scandal

What approach is Goldman Sachs taking with executives held criminally liable?

• Providing legal support

• Ignoring their actions

• Seeking clawbacks

• Offering them promotions