{
  "docId": "019dd923-5e88-73ef-bd59-e554727c032d",
  "docSlug": "4c5f1d6f702f7476",
  "documentTitle": "one goldman sachs",
  "authorId": "GoldmanSachs",
  "authorName": "Goldman Sachs",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "equity_research",
  "sourceTypeLabel": "Equity research",
  "presentationDate": null,
  "orientation": "portrait",
  "aspectRatio": 0.773,
  "pageNumber": 42,
  "pageCount": 124,
  "prevPage": 41,
  "nextPage": 43,
  "slideType": "executive_summary",
  "function": "summarize",
  "density": "dense",
  "nDataPoints": 0,
  "notes": "This slide is a text-heavy executive summary of a regulatory resolution plan.",
  "elementsJson": [
    "headline_text",
    "paragraph",
    "bullet_list"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5e88-73ef-bd59-e554727c032d/42",
  "deckHref": "/decks/019dd923-5e88-73ef-bd59-e554727c032d",
  "deckJsonHref": "/decks/019dd923-5e88-73ef-bd59-e554727c032d.json",
  "deckAnchorHref": "/decks/019dd923-5e88-73ef-bd59-e554727c032d#slide-42",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "Overall, the simulation exercises showed that the parts of the Plan we tested are robust, and highlighted no significant impediments.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-1641-767d-8501-0b0bdef5f419",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.11,
        "w": 0.8,
        "x": 0.11,
        "y": 0.53
      },
      "kind": "paragraph",
      "text": "Similarly, we have completed capability tests related to governance, reporting capabilities and sensitivity analysis of our resolution metrics. The testing included, but was not limited to, alternative scenarios for both our liquidity and capital resolution metrics; a data room for our separability options, headcount retention planning, and aspects of operational continuity.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "33871e60-1261-4f5e-a9ab-eacb18c5fbcd",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.11,
        "w": 0.8,
        "x": 0.11,
        "y": 0.66
      },
      "kind": "paragraph",
      "text": "We also monitor periodic commitments which are stated in our Plan, such as annual or quarterly analyses required to maintain and update aspects of the Plan. The identified owners validate that the commitments are fulfilled, and provide evidence of completion of those required analyses. Examples include the annual assessment of material entities, and the annual refresh of related policies and procedures, such as the Recovery and Resolution Policy.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4b7de7c5-600e-42fc-ac79-6769b282c59b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.8,
        "x": 0.11,
        "y": 0.11
      },
      "kind": "paragraph",
      "text": "The primary objectives of the simulation exercises were to: Identify the types of metrics and financial projections that the board would need to aid decision making; Test operationalization of the CLSA throughout the stress continuum; Assess potential conflicts of interest of board members throughout the stress continuum; Ensure effective internal communication throughout the stress continuum.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "aa1d1110-0e4c-4790-ad92-7b7dafc8a929",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.07,
        "w": 0.8,
        "x": 0.11,
        "y": 0.29
      },
      "kind": "paragraph",
      "text": "The exercises took the form of an educational session covering key concepts such as the Funding IHC structure and the mechanisms of the CLSA, followed by discussion of a series of simulated scenarios ranging across the stress continuum.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c830d310-f3b5-4918-ba6f-34b865521ef7",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.13,
        "w": 0.8,
        "x": 0.11,
        "y": 0.38
      },
      "kind": "paragraph",
      "text": "Overall, the simulation exercises showed that the parts of the Plan we tested are robust, and highlighted no significant impediments. The simulations further demonstrated familiarity, both functionally and jurisdictionally across the firm, with both the Plan itself and the various responsibilities under the Plan. Nevertheless, we did identify certain “lessons learned,” and have put project plans in place to more fully consider and, where appropriate, implement enhancements.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d7c81d8c-0089-47c9-ab99-3ca60765218a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.35,
        "x": 0.08,
        "y": 0.05
      },
      "kind": "title",
      "text": "2023 Resolution Plan",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f470b486-27d0-42f9-b970-b6a21aabde6e",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Executive summary",
      "slug": "executive-summary",
      "agent": null,
      "layer": "slide",
      "matchId": "ef75d8f2-a0c1-463b-8877-40ce63b994b6",
      "evidence": "The slide is labeled as 'executive_summary' and contains a summary of simulation exercises and testing.",
      "confidence": 0.9
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 124,
      "from": 8,
      "beatId": "d68786b1-3dab-4ad0-b5b0-04ed44c1c6d3",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Evidence & Proof",
      "beatSlug": "consultants-gambit-evidence-proof",
      "evidence": "The document contains extensive data tables, appendix data, and methodology explanations.",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [
    {
      "to": 124,
      "from": 6,
      "name": "Logic Chain",
      "slug": "01-logic-chain",
      "bestFor": "Skeptical audiences, controversial recommendations, rigorous analysis",
      "matchId": "d24b5f0d-d542-4d18-a73f-65d59f4261ed",
      "evidence": "The document provides a detailed explanation of the plan and supporting data.",
      "position": 0,
      "objective": "To demonstrate the effectiveness of Goldman Sachs' resolution plan.",
      "structure": "Premise 1 (Accepted truth) -> Premise 2 (Observed fact) -> Therefore... (Inevitable conclusion)",
      "confidence": 0.7,
      "description": "Build an airtight chain of logic where each premise leads inevitably to the conclusion"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}