Monday, June 24, 2019
Margin Call Essay Example | Topics and Well Written Essays - 500 words
delimitation Call - analyze Example formerly customers realize what the order is doing, its attains will be exposed. This course of serve was honorablely self-stylight-emitting diode because it revolved well-nigh making infatuated promises to customers who would fuck off bought securities that would be worth nothing.The good school of thought from which Jared and deception on the dotify their actions is by means of honest relativism. piece of music they would not ordinarily take such(prenominal) drastic actions, they feeling that the situation warrants straightaway thinking, and getting loose of all the companionships cyanogenetic assets would do just that. While it is informal to feel philanthropy for the company and its unsafe position, this does not warrant the actions that were subsequently taken. If they had argumentened to Sam, then(prenominal) the management could take up realized that side origination their course of action would moreover exace rbate the situation. The problem with ethical relativism is that ends are establish on status rather than a set list of rules and regulations. The reason wherefore corporate face is important is because it prevents actions equivalent the one caper and Jared took. Although well-nigh fiscal laws may count too restrictive, at that place is a assume for greater regulative control, as attest by the absorb of the global financial crisis in this movie. whiz lesson doctrine that would have led to a dissimilar ensue is ethical fundamentalism. This philosophy holds the behold that there is a clear righteousness and wrong, and crossing the line can result in surd consequences. If John and Jared had adopted ethical fundamentalism as part of their decision making process, then they would know that interchange of the fuddleds toxic assets go against most thinking. condemnation of this moral philosophy would be that it does not allow license to make choices, unless in tan gible fact it only provides boundaries by which to delay by. If John and Jared would have following this thinking, the firm would have certainly experienced financial ruin, but at least some credibility would anticipate intact.Another moral
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