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by rayiner
4304 days ago
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Its not ambiguous whether he's an officer. The word "officer" is an term of art. It means someone who has official management roles in the corporation, someone who has special fiduciary duties, etc. A VP at Goldman has none of those things. A good question to ask is: can a VP at Goldman be sued for injuring the corporation through transactions involving a conflict of interest? An officer can, because he has a fiduciary duty to the corporation. An employee does not. |
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