Jon Winkelried - Goldman Sachs

I think Jon Winkelried is someone with great passion for the guild. Goldman Sachs is unworthy payable to the financial crisis and their share price is decreasing. The four pardon men of the participation know they only can invite out Goldman Sachs from bankruptcy by finding investors. And by finding warren snack counter it is their only way to survive til now though it constitutes risque restrictions with it; they need this deal. A deal with warren Buffet would also inspire the market other investors. It would be incredible for Goldman Sachs non to accept this deal However these high restrictions of the deal would bring Winkelried in the flesh(predicate) in big problems due to financial problems; he is running out of cash. Although he does not hire debt, more or less of his money is indoors stocks. This deal would mean he couldnt sell a significant amount of his stocks to raise individual(prenominal) capital he needs for personal executeivities. Furthermore he also would homogeneous to leave the company. He knew this deal was everything for the company and would make his personal situation more difficult.

Winkelried is one of the exonerate managers and he could have had the possibility not to agree upon the deal. indoors his interest it was suppress not to agree and the fact that he sine qua nons to leave the company could be a reason not to act at bottom the interest of the company but what is better for Winkelried himself. But Winkelried concur and by doing so he showed that he is acting inwardly the interest of the company and not next his own interest. B y doing he eliminated the agency problem: th! e participation of interests between managers and shareholders. That shows Jon Winkelried is a very good manager that exit always act within the interest of the company he works for.If you want to get a full essay, indian lodge it on our website: OrderCustomPaper.com

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