This video discusses how a subsidiary of Goldman Sachs pleaded guilty and agreed to pay more than $2.9 billion in a foreign corruption probe tied to the Malaysian 1MDB sovereign wealth fund, which was looted of billions of dollars in a corruption scandal. After students have watched the video, conduct an instructor-led debrief using the questions provided.

a. What U.S. laws did the Malaysian subsidiary of Goldman Sachs violate?

b. Describe the bribery scheme the subsidiary engaged in.

c. Why were executive salaries clawed back?