Goldman Pressing Gary Cohn to Give Up Over $10M in Pay Over 1MDB

Goldman Pressing Gary Cohn to Give Up Over $10M in Pay Over 1MDB

Assessment

Interactive Video

Business

University

Hard

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The video discusses the 1MDB scandal involving Goldman Sachs, highlighting the bank's efforts to settle probes and hold executives accountable. Despite these efforts, challenges remain, particularly with former executives like Gary Cohn, who are reluctant to return funds. The video explores the legal options available to Goldman, such as clawbacks, and questions the effectiveness of public accountability when quiet resolutions are preferred.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the former president of Goldman Sachs in the context of the scandal?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Why might both sides prefer that the issue quietly goes away?

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