Remove 2010 Remove Asset Management Remove Development Remove Finance
article thumbnail

At Olympus and Goldman Sachs, Two Very Different Whistleblowers

Harvard Business Review

For example, the SEC in 2010 had charged Goldman with misleading some of the parties to a billion dollar transaction (involving a complex derivative called a synthetic collateralized debt obligation), alleging specific facts about undisclosed conflicts of interest. Business leaders must respond directly to bad facts (carefully developed!),