Goldman to Pay $215 Million to End Gender Pay Case

The transcript discusses a trial involving Goldman Sachs, focusing on a class action lawsuit filed by 2800 women alleging sexual discrimination and harassment. The lawsuit began with Christina Chen Oster's complaint in 2005, leading to a $215 million settlement in 2023. The video also highlights Goldman's efforts towards diversity and representation, noting progress but acknowledging ongoing challenges.

What was a major concern for Goldman Sachs regarding the trial?

• The cost of legal fees

• The exposure of internal workings

• The location of the court

• The length of the trial

Who initiated the class action lawsuit against Goldman Sachs?

• Christina Chen Oster

• Sherry Smith

• Anna Lee

• Mary Johnson

How much was the settlement amount in the Goldman Sachs lawsuit?

• $215 million

• $150 million

• $100 million

• $300 million

What percentage of Goldman's partner class was female last year?

• 35%

• 50%

• 29%

• 15%

What condition did Goldman Sachs set for taking a company public?

• Achieving a certain profit margin

• Being based in New York

• Having a diverse board

• Having a minimum number of employees