Description:Ã‚Â How much trouble is Goldman Sachs really in? One answer: About $21 billion worth. ThatÃ¢â‚¬â„¢s how much the vaunted Wall Street bank has lost in market value since it was engulfed in a fraud accusation two weeks ago.
Questions for discussion:
- Summarize the legal and ethical problems facing Goldman?
- Do you believe the firm will be punished financially even more than it already has as the case progresses?
- What message does this case send to other firms?
- Is there a any commonality between the problems faced by Goldman and BP, after the oil rig disaster?
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