Ethic Margin Call
Amelie Amsallem
MGT 301
11/04/2014
Diane Salucci
Ethical Dilemmas in Margin Call.
Example 1:
Sam’s boss, John Tuld, doing whatever is “necessary” is seen merely as part of what it takes to survive in the market. He had a choice to make, crash the market and try to save his company which would implies breaking the trust of the clients and make small businesses go bankrupt.
Example 2:
As for Peter, who stumbles upon the issue triggering the crisis, it’s one thing to be shocked at the ramifications of what’s about to unfold, but that doesn’t mean one’s outrage can’t be set aside when personal survival is on the line, an attitude that he quietly maintains but isn’t afraid to tap when the need arises.
Example 3:
Dale apparently tried warning management of this problem before the issue got out of hand. However, since they were too unconcerned to pay attention to them, the warnings went unheeded. This issue showed the abrogation of responsibility. And that is significant, for without the tempering influence of responsibility, conscious creation can get out of hand.
MGT 301
11/04/2014
Diane Salucci
Ethical Dilemmas in Margin Call.
Example 1:
Sam’s boss, John Tuld, doing whatever is “necessary” is seen merely as part of what it takes to survive in the market. He had a choice to make, crash the market and try to save his company which would implies breaking the trust of the clients and make small businesses go bankrupt.
Example 2:
As for Peter, who stumbles upon the issue triggering the crisis, it’s one thing to be shocked at the ramifications of what’s about to unfold, but that doesn’t mean one’s outrage can’t be set aside when personal survival is on the line, an attitude that he quietly maintains but isn’t afraid to tap when the need arises.
Example 3:
Dale apparently tried warning management of this problem before the issue got out of hand. However, since they were too unconcerned to pay attention to them, the warnings went unheeded. This issue showed the abrogation of responsibility. And that is significant, for without the tempering influence of responsibility, conscious creation can get out of hand.