The top managers of Medtech.com borrowed heavily to develop a prescription-medicine distribution system. Medtech's outlook was bright,

Question:

The top managers of Medtech.com borrowed heavily to develop a prescription-medicine system. Medtech's outlook was bright, and investors poured millions into the company. Sadly, Medtech never lived up to its potential, and the company is in bankruptcy. It can't pay about half of its liabilities.
Requirement
Is it unethical for managers to saddle a company with a high level of debt? Or, is it just risky? Who could be hurt by a company's taking on too much debt? Discuss.
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...