U.S. Files Charges in 1MDB Scandal

U.S. Files Charges in 1MDB Scandal

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the indictment of Goldman Sachs executives in relation to the 1MDB scandal. It highlights the involvement of key figures like Tim Leissner, who confessed to money laundering and bribery, and Andrea Vella, who is under investigation. The Department of Justice has filed charges against some executives, raising questions about the bank's compliance measures. Goldman Sachs may adopt a 'bad apple' defense strategy, implicating rogue agents as the main culprits. The video explores the potential implications for the bank and the broader financial community.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the response of Goldman Sachs regarding the allegations of wrongdoing?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the Department of Justice implicate senior Goldman Sachs bankers in the case?

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