Goldman Sachs: Reform School for Bankers

RUMOURS of a cash crunch and hidden losses on derivatives start flying. Markets turn jittery. Stocks fall and counterparties begin to pull in credit lines. One of the worldâ??s largest financial firms is on the brink of collapse, threatening to plunge the world into yet another crisis. In a boardroom high above New York the firmâ??s senior executives meet representatives of Goldman Sachs and ask for reassurance it will keep its credit lines open. Should the bankers stand by a client, even if it means putting Goldman Sachs at risk, or should they protect themselves, possibly precipitating a financial meltdown?