ADMS 3660 Lecture Notes - Lecture 5: Drexel Burnham Lambert, Corporate Social Responsibility, Resona Holdings
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Conflict often between self-interest vs. doing (cid:494)the right thing(cid:495) Temporary nature of jobs may have diminished (cid:498)moral intensity(cid:499) of dilemmas for many students. Please be prepared to discuss your personal ethical dilemma if selected. Gekko (michael douglas) while speaking at a meeting of company shareholders: ^the point is ladies and gentlemen, that greed, for lack of a better word, is good. Greed clarifies, cuts through and captures the essence of the evolutionary spirit. ^(cid:498)greed is all right, by the way ) want you to know that. ) think greed is healthy. You can be greedy and still feel good about yourself. (cid:499) Shortly after, he was arrested and went to jail for insider trading. E. f. hutton (1986) - check kiting scandals (defunct) Kidder peabody (1986 & 1993) insider trading; falsifying trades (defunct) Drexel burnham lambert (1987) - insider trading, stock parking (defunct) Barings bank (1995) - fraudulent trading of nikkei-index contracts (defunct)