Which of the Following Best Supports the Fact That Goldman

question 76

Multiple Choice

Which of the following best supports the fact that Goldman Sachs was unethical in the Abacus deal?

• A) It was given a "triple A" rating for Abacus even though Abacus should have gotten a low rating.
• B) It made no effort to ascertain the stability of the real estate market, even though it had the resources and time to do so.
• C) It knew that Paulson & Co. had bundled high-risk mortgages into the collateralized debt obligation.
• D) It lost $100 million in the Abacus fiasco and endured negative treatment in the media.

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Definitions:

Chronological Organizational

A method of organizing information or events in the order in which they occurred in time.

Sales Conference

An event where professionals meet to discuss strategies, share knowledge, and network to improve sales performance.

Projected Cost Savings

An estimate of the reduction in costs expected to be achieved in future periods through specific actions or initiatives.

Informal Report

A less structured report, often shorter and used for internal purposes, to communicate within an organization without strict adherence to formalities.