Malaysia Wants Goldman Sachs to Pay $3.3 Billion for 1MDB Role
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Business
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Hard
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The transcript discusses the financial implications of a legal case involving Goldman Sachs, with Bloomberg Intelligence reporting potential additional costs. Malaysia is pursuing legal action, holding Goldman Sachs responsible for financial losses. The case involves multiple Goldman Sachs units, and Malaysia's Attorney General emphasizes the need to protect financial institutions. Goldman Sachs plans to defend itself against the charges, claiming they are misdirected, and intends to cooperate with authorities.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
How much has Goldman Sachs' share price decreased by over the past year?
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2.
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3 mins • 1 pt
What is Goldman Sachs' stance regarding the charges against them?
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