Behind the Fallout From the Malaysia Fund Scandal

Behind the Fallout From the Malaysia Fund Scandal

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses a major financial scandal involving Tim Leissner, a former Goldman Sachs executive, and the Malaysian sovereign wealth fund 1MDB. It compares the situation to a hypothetical scenario in the US, highlighting the involvement of Goldman Sachs in issuing debt for 1MDB and the political implications for Malaysia's Prime Minister Najib. The discussion also touches on the missing funds and the complex relationship between money and power, particularly in the context of international finance and politics.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the $600 million mentioned in relation to President Obama?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the relationship between Najib and Tim Leissner in the context of the scandal?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How did Goldman Sachs benefit from the 1MDB bond deals?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of the missing $4 billion from 1MDB?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

Who is Tim Leissner and what role did he play in the Goldman Sachs dealings?

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