The Sarbanes-Oxley Act of 2002 attempts to do which of the following?
A. Provide protection for corporations with whistle-blowers.
B. Makes whistle-blowing illegal.
C. Provide some protection for whistle-blowers.
D. Creates a federal office for whistle-blowers to report to.
Answer:
In the Diamond Shamrock and Occidental Petroleum Corporation deal, which of the
following best describes the actions of Ivan Boesky and Michael Milken?
A. They shared inside information with intent to make a significant profit, but because
of actions that neither foresaw, they lost money.
B. They shared inside information with the intent to make significant profit, but were
found out and thus doomed the deal.
C. They traded inside information with intent to make significant profit, and, after the
deal went through, both made substantial profits.
D. They traded insider information with intent to make significant profit, but decided
that it was improper and so did not take advantage of the information.
Answer: