Question
The question for this discussion topic is based on a real life case in which most students are split on their opinions. The arguments for
The question for this discussion topic is based on a real life case in which most students are split on their opinions. The arguments for either side of the case are covered in several topics we have covered throughout the course.
Goldman Sachs has been hit with a $3 million lawsuit by a company that alleges the brokerage firm stole intellectual property from its database that had market intelligence facts. The US District Court for the Southern District of New York filed the lawsuit in 2010 claiming Goldman Sachs employees used other peoples access credentials to log into Ipreo's proprietary database, dubbed Bigdough.
Offered on a subscription basis, Bigdough provides detailed information on more than 80,000 contacts within the financial industry. Ipreo complained to the court that Goldman Sachs employees illegally accessed Bigdough at least 264 times in 2008 and 2009.
Do you agree or disagree with the lawsuit? Should Goldman Sachs be held be held responsible for rogue employee's behavior? What types of policies should each company have implemented to ensure this does not occur again.
Again, this is a real case with additional information online. You may review articles for additional ideas, just make sure to cite them correctly. Just about every chapter we covered this semester can play into your response.
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