Goldman’s Chief Lawyer Departs as Senior Executive Exits Grow

Goldman’s Chief Lawyer Departs as Senior Executive Exits Grow

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses recent executive departures from a major bank, exploring whether these exits indicate a trend. It examines market dynamics, suggesting that external opportunities may be enticing executives away. The video also delves into Karen Seymour's departure, touching on a related lawsuit and her role in the One MDB case, which cost the bank $5 billion but avoided sanctions. The discussion highlights differing perspectives on the case's outcome.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main concern regarding the recent executive departures from the bank?

The bank's stock price

The trend of high-profile exits

The bank's financial performance

The bank's new CEO

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why might executives be leaving Wall Street firms despite their success in 2020?

Poor company culture

Decreasing salaries

Better opportunities in other sectors

Lack of job security

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role did Karen Seymour play in the bank's operations?

General Counsel

Head of Marketing

Chief Executive Officer

Chief Financial Officer

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the outcome of the 1MDB scandal for the bank?

The bank was acquired by another firm

The bank's CEO resigned

The bank paid a $5 billion settlement

The bank was sanctioned

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a significant factor in Karen Seymour's departure?

Her promotion to a higher position

Her involvement in a lawsuit

Her move to a different industry

Her desire to retire