What significant role did Goldman Sachs play in the 2008 financial crisis?

CLEAN : Demo against Barroso hire at Goldman Sachs

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Business, Social Studies, History
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11th - 12th Grade
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It had no involvement in the crisis.
It helped prevent the crisis from worsening.
It was one of the main banks responsible for the crisis.
It was a minor player with no major impact.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is M. Barroso's decision to join Goldman Sachs considered significant?
Because it is a small, unknown bank.
Because it is a bank with a controversial history.
Because it is a bank with a clean reputation.
Because it is a bank that only deals with local clients.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What pattern is highlighted in the final section regarding commissioners?
They often retire early.
They usually avoid any scandals.
They frequently take positions at controversial banks.
They prefer to work in the public sector.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the implication of the recurring scandals mentioned in the transcript?
They are resolved quickly without any impact.
They are mostly rumors with no basis.
They suggest a systemic issue rather than isolated cases.
They are isolated incidents with no connection.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the general perception of Goldman Sachs as mentioned in the transcript?
It is considered a small, insignificant bank.
It is viewed as a bank with a controversial past.
It is known for its charitable contributions.
It is seen as a responsible and ethical bank.
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