When 'Social Good' Goes Bad

The transcript discusses the fallout from Bill Mcglashan's involvement in the USC admissions scandal. TPG, where Mcglashan was a CEO, is conducting an investigation to ensure no business-related misconduct occurred. The scandal raises questions about the responsibilities of employees in socially conscious funds. Wall Street is reacting by scrutinizing their practices. A profile of Mcglashan highlights his previous business activities and associations.

What was the initial reaction of TPG when the news about Bill Mcglashan broke?

• They immediately defended Mcglashan.

• They were shocked and had no prior knowledge.

• They decided to ignore the news.

• They were aware of the situation beforehand.

What is TPG's main concern regarding the scandal?

• The potential infiltration of unethical behavior into the business.

• The financial loss it might incur.

• The impact on their stock prices.

• The loss of their CEO.

What question does the scandal raise about employees at firms offering socially conscious funds?

• How much profit they can generate.

• Their responsibility to act in socially responsible ways.

• Their ability to work overtime.

• Their knowledge of financial markets.

Who were some of the notable figures Bill Mcglashan was associated with?

• Warren Buffet and Steve Jobs

• Elon Musk and Bill Gates

• Jeff Skoll and Bono

• Mark Zuckerberg and Larry Page

What was Bill Mcglashan promoting while allegedly involved in misconduct?

• A new technology startup

• The Rise Fund

• A real estate project

• A political campaign