finance ethics
type: Concept
related: Metallgesellschaft

Metallgesellschaft
type: Concept
definition: A DERIVATIVES trading scheme launched by Metallgesellschaft's U.S. trading subsidiary, MG Corp., resulted in $1.9 billion in losses for the industrial conglomerate, bringing it to the edge of bankruptcy in early 1994. German banks, including Deutsche Bank, a major investor in Metallgesellschaft, provided a bailout worth more than $2 billion. [Source: Encyclopedia of White-Collar & Corporate Crime; Metallgesellschaft]
related: finance ethics
broader: cases in business ethics

cases in business ethics
type: Concept
narrower: Metallgesellschaft

organizations
type: Collection
type: ConceptGroup
member: Metallgesellschaft