Should organizations that have a risk-taking culture, such as the one developed by Stan O’Neil at Merrill Lynch, enjoy the gains and suffer the losses, without recourse to government bailouts?
Answer to relevant QuestionsHow can conflicts of interest between stakeholders be resolved by a corporation’s management?1. The Strip2Clothe campaign may have been in questionable taste, but it did raise tens of thousands of pieces of clothing for the homeless. Does the end justify the means?2. Virgin Mobile has a history of using cutting edge ...The global economic crisis was caused by the meltdown in the U.S. housing market. Should the U.S. government bear some of the responsibility of bailing out the economies of all countries that were harmed by this crisis?How could ethical considerations improve unbridled self-interest in ethical decision making?1. Because the Toronto-Dominion Bank was neither a manufacturer nor a distributor of ABCP products, did the bank have a moral responsibility to assist in the restructuring of the commercial paper market?2. If you were Edmund ...
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