Authorities are looking into complaints from whistle blowers whosay Catalyst Capital Group and its publicly traded lending armartificially inflated the value of some of its assets and deceivedborrowers about the terms of loans. Appeared in the August 10,2017, print edition as ‘Top Buyout Firm Scrutinized on Loans.’
- Did Catalyst mislead investors?
- Did Catalyst represent the value of their assets?
- Is this an ethical use of statistics?
- What could they have done differently?
As an alternate, instructors may have students search the WallStreet Journal database for articles on: Fraud, ethics, misleading,Enron, Tyco, Madoff, etc.
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