Case Study of Goldman Sachs

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| | | | MGT7019-8 |Jennifer Scott | | | | | | | |Ethics in Business |3 Paper- Case Study of Goldman Sachs | Cover page + Case Study of Goldman Sachs Faculty Use Only Case Study of Goldman Sachs Tiffany Thompson Northcentral University Case Study of Goldman Sachs What is up with Wall Street? The Goldman Standard and Shades of Gray was am case study focusing on Goldman Sachs industry and the unfolding of a disastrous decision that affected the economic structure of banks, shares, and the government. Strategizing to make a business successful, turned into greed. Ethical standards of Goldman were questioned because of the profound ways he sought to make money. Goldman Sachs was formed by Marcus Goldman and Samuel Sachs in 1869 (Jennings, 2012). The company was to provide loans to small businesses, but instead Goldman sought fit for something else and that was investments. Greed blinded the company and resulted in several downfalls, including the 1929 market crash. Instead of turning for the good, Goldman and Sachs continue to run into several failings. The problem to be investigated is the ethical standards of the company against their

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