The Goldman Sachs Abacus 2007-ACI Controversy: An ethical case study

The Goldman Sachs Abacus 2007-ACI Controversy: An ethical case study

In April 2010, the Securities and Exchange Commission filed a suit against Goldman Sachs, accusing it of committing securities fraud in which the bank created and sold an investment secretly devised to fail.

Solidarity manifest in Urban Ghana

‘We believe in sharing, and we want what our God has put in us to be seen’. The entire group nods in agreement with the words of William Mensah, founder of the Pace Setters youth group. Arriving late he is the last member to take a seat in the dimly lit schoolroom that is the group’s regular Sunday afternoon meeting place. His audience comprises around twenty inhabitants, all in their early twenties, of Sukura, an impoverished suburb of the Ghanaian capital Accra. Set up last year to combat a perceived growth of social problems in the area, the group has already become renowned locally for its zeal and effectiveness.

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