Topic: Did Goldman Sachs Commit Fraud?
Order Description
Please follow the instructions completely!!! Answer the closing case study questions (on the attachment) page 391-392 in the book. Each question should be answered separately….(see attachment for an example OF HOW THE PAPER SHOULD BE FORMATED)
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VERY IMPORTANT: Answer the questions thoroughly and completely. AND Develop your responses comprehensively and ensure that your answers are well constructed. Give personal feedback in support of your references and stance on each question. (NO PLAGARISM)
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YOU MUST CITE THE TEXTBOOK, as required, to augment and support your responses. Use APA to format. APA is author/year format.
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The case study is found on page 391-392
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Required Textbook Strategic Management: Theory: An Integrated Approach, 11th Edition Charles W. L. Hill, University of Washington Gareth R. Jones, Texas A&M University Melissa A. Schilling, New York University ISBN-10: 1285184491 ISBN-13: 9781285184494 528 Pages
CASE DISCUSSION QUESTIONS
I. Did Goldman Sachs break the law by not telling investors that Paulson had created the synthetic CDo5 and was betting against them? Was it unethical for Goldman Sachs to market the CDo5?
2. Would your answer to the question above change it Goldman had not made billions from selling the CDo5? Would your answer to the question above change it Paulson had been wrong, and the CDo5 had increased in value?
3. ll opinions vary about the quality or riskiness of an investment, does a firm like Goldman Sachs owe a tiduciary duty to its clients to try to represent all ot those opinions?
4. Is it unethical tor a company like Goldman to permit its managers to trade on the company’s account (i.e., invest on the company’s behalt rather than an external client’s behalf)? It not, how should compensation policies be designed to prevent contlicts of interest trom arising between trades on behalt ot the tirm and trades on behalf of clients?