BUSINESS ETHICS 240 CASES
QUESTIONS AND ANSWERS A+ GRADED
AND VERIFIED.
In court, about which company was Gupta discovered sharing
confidential information?
✔✔Goldman Sachs
Of what was Rajaratnam convicted?
✔✔fourteen counts of conspiracy and securites fraud
Rajat Gupta was managing director of which global consulting firm?
✔✔McKinsey Consulting
The SEC, the FBI, the Department of Justice, and the U.S. Attorney's
Office are all _____.
✔✔where an insider trading investigation may start
What does FINRA stand for?
✔✔FInancial Industry Regulatory Authority
What doe SEC stand for?
✔✔Securities and Exchange Commission
What happens if poeople do not invest in capital markets?
✔✔There is less overall economic growth
,What is insider trading?
✔✔the beneficial use of undisclosed, confidential corporate information
in stock trades
What was Guptas final sentence at the end of his trial?
✔✔two years in prison
What was the name of the private equity fund that Gupta and Kumar
launched?
✔✔New Silk Route Partners
WHat was the relationship between Gupta and Kumar?
✔✔Gupta was Kumar's mentor at McKinsey
Which of the men involved in this case was the one turning the insider
information into profit?
✔✔Rajaratnam
Which organization primarily handles criminal cases?
✔✔DOJ
Who testified that Gupta shared confidential information during
Rajaratnam's trial?
✔✔the CEO of Goldman Sachs
,Why is insider trading an ethical issue?
✔✔it lowers investor trust in the capital markets
How has Trump's presidency affected his businesses?
✔✔Trump's businesses have grown
How many times has Donald Trump gone bankrupt?
✔✔four
In 2013, DB was fined for fixing LIBOR. What does that mean?
✔✔It reported fraudulent estimated borrowing costs to shift the base
interest rate in its favor.
In 2015, how did DB attempt to deal with its problems?
✔✔It established a five-year plan
Wo what does compliance risk refer to?
✔✔the dramatic increase in fines and fees resulting from new regulations
What are potential negative effects of anti-globalization?
✔✔trade barriers and an economic slump
What division became responsible for financial crime in DB?
✔✔the Anti-Financial Crime division
, What happened when DB sued Trump for his outstanding debt?
✔✔Trump countersued DB for exacerbating the global recession,
resulting in a settlement
What is a mirror trade?
✔✔a company moving money in one direction, and then in the opposite
direction, to earn a profit
What is Deutsche Bank (DB)?
✔✔an international German banking system
What is LIBOR used for?
✔✔the base rate for establishing interest rates
What is the purpose of DB's internal controls?
✔✔Monitor compliance with laws designed to avoid illegal activity
What is the purpose of the Know Your Customer program at DB?
✔✔employee evaluation of customers for adverse information
What role did DB play in Nazi Germany?
✔✔DB provided financial support to the Nazi regime
What sort of practices was DB known for in the 1990s and 2000s?
✔✔fraud and tax evasion
QUESTIONS AND ANSWERS A+ GRADED
AND VERIFIED.
In court, about which company was Gupta discovered sharing
confidential information?
✔✔Goldman Sachs
Of what was Rajaratnam convicted?
✔✔fourteen counts of conspiracy and securites fraud
Rajat Gupta was managing director of which global consulting firm?
✔✔McKinsey Consulting
The SEC, the FBI, the Department of Justice, and the U.S. Attorney's
Office are all _____.
✔✔where an insider trading investigation may start
What does FINRA stand for?
✔✔FInancial Industry Regulatory Authority
What doe SEC stand for?
✔✔Securities and Exchange Commission
What happens if poeople do not invest in capital markets?
✔✔There is less overall economic growth
,What is insider trading?
✔✔the beneficial use of undisclosed, confidential corporate information
in stock trades
What was Guptas final sentence at the end of his trial?
✔✔two years in prison
What was the name of the private equity fund that Gupta and Kumar
launched?
✔✔New Silk Route Partners
WHat was the relationship between Gupta and Kumar?
✔✔Gupta was Kumar's mentor at McKinsey
Which of the men involved in this case was the one turning the insider
information into profit?
✔✔Rajaratnam
Which organization primarily handles criminal cases?
✔✔DOJ
Who testified that Gupta shared confidential information during
Rajaratnam's trial?
✔✔the CEO of Goldman Sachs
,Why is insider trading an ethical issue?
✔✔it lowers investor trust in the capital markets
How has Trump's presidency affected his businesses?
✔✔Trump's businesses have grown
How many times has Donald Trump gone bankrupt?
✔✔four
In 2013, DB was fined for fixing LIBOR. What does that mean?
✔✔It reported fraudulent estimated borrowing costs to shift the base
interest rate in its favor.
In 2015, how did DB attempt to deal with its problems?
✔✔It established a five-year plan
Wo what does compliance risk refer to?
✔✔the dramatic increase in fines and fees resulting from new regulations
What are potential negative effects of anti-globalization?
✔✔trade barriers and an economic slump
What division became responsible for financial crime in DB?
✔✔the Anti-Financial Crime division
, What happened when DB sued Trump for his outstanding debt?
✔✔Trump countersued DB for exacerbating the global recession,
resulting in a settlement
What is a mirror trade?
✔✔a company moving money in one direction, and then in the opposite
direction, to earn a profit
What is Deutsche Bank (DB)?
✔✔an international German banking system
What is LIBOR used for?
✔✔the base rate for establishing interest rates
What is the purpose of DB's internal controls?
✔✔Monitor compliance with laws designed to avoid illegal activity
What is the purpose of the Know Your Customer program at DB?
✔✔employee evaluation of customers for adverse information
What role did DB play in Nazi Germany?
✔✔DB provided financial support to the Nazi regime
What sort of practices was DB known for in the 1990s and 2000s?
✔✔fraud and tax evasion
