What ethical framework in our society allows for this kind of fraud to happen?What ethical and moral framework are perpetrators of corporate fraud operating under?

Before beginning work on this discussion forum, review Enduring Illusions: The Social Organization of Secrecy and Self-Serving Justifications: Doing Wrong and Feeling Moral, and watch Bernie Mad off The $50 Billion Ponzi Scheme video.

Identify one other example of a similar instance of corporate fraud that allows for ethical analysis, and then discuss the following questions:

What ethical framework in our society allows for this kind of fraud to happen?
What ethical and moral framework are perpetrators of corporate fraud operating under?
Is this kind of fraud an inevitable result of corporate expansion, or can the profit motive under gird corporate growth be controlled through moral regulators? Should it be controlled?

 

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