Goldman's 1MDB Headache Worsens With Lawsuit From Abu Dhabi Funds

Goldman's 1MDB Headache Worsens With Lawsuit From Abu Dhabi Funds

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Business

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The transcript discusses the ongoing challenges faced by Goldman Sachs, particularly related to the IMDB saga. It highlights the involvement of Abu Dhabi as a co-guarantor on government-issued bonds and their claims of losses due to Goldman's alleged bribery of officials. Goldman Sachs has responded by stating they are investigating the matter but deny any wrongdoing, asserting that they believed the funds were for legitimate purposes.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of the ongoing saga for Goldman as mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the year 2012 in the context of the Goldman and Abu Dhabi relationship?

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