Solved

Which of the Following Best Supports the Fact That Goldman

Question 65

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

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.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents