In this chapter, we have discussed the GrammLeach-Biiley Act, which gives credit unions, savings and loans, banks, insurance agencies, mortgage companies, and other financial institutions the right to sell customer information to marketing companies, affiliates, and others. Some individuals believe that doing this is ethical since customer s have the right to opt out of having their information sold and because by law these organizations have the right to make additional income through selling customers' information. On the other hand, some individuals believe that these organizations do not educate customers and unfairly keep them ignorant to the use of their information.

Split the class into small groups. Have the groups discuss the following:

a. Is the Gramm-Leach-Bliley Act ethical? Why or why not?

b. Do organizations have a responsibility to educate customers about the Gramm-Leach-Biiley Act? Why or why not?

c. Just because something is legal, is it ethical? Why or why not?