GAM Turns Away Haywood at AGM

GAM Turns Away Haywood at AGM

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses GAM's annual general meeting in Switzerland, highlighting the termination of bond trader Tim Heywood and the significant shareholder pushback against management. Shareholders are increasingly demanding accountability and more stringent proposals. The video also addresses concerns about the financial impact of $25 billion in outflows and GAM's potential sale to survive.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What were the shareholders demanding from the executives?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the text suggest about the future of the firm in light of the outflows?

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