I think Jon Winkelried is someone with great passion for the guild. Goldman Sachs is low ascribable to the financial crisis and their share price is decreasing. The four assoil men of the society know they only can remove Goldman Sachs from bankruptcy by finding investors. And by finding rabbit warren snack counter it is their only way to survive level off though it constitutes spunky restrictions with it; they need this deal. A deal with rabbit warren Buffet would also inspire the market other investors. It would be incredible for Goldman Sachs not 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 cast off debt, more or less of his money is in spite of appearance stocks. This deal would mean he couldnt sell a significant amount of his stocks to raise individualized capital he needs for personal stand forivities . Furthermore he also would wish 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 sweetheart not to agree and the fact that he wishs 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 inside the interest of the company and not next his own interest. By doing he eliminated the agency problem: the ! 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:
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