AIG was a very successful company and made billions of dollars on new investment instruments‚ which were so unique that didn’t even fall under any of the securities regulations. For two decades AIG was riding this wave of huge revenues‚ which did not require much in return. The earth under AIG started crashing down‚ once mortgage bubble burst happened. Significant decline in the mortgage prices caused AIG to lose over 62 billion of dollars at the very early stage of the financial crisis. The only
Premium Success Finance Failure
Victoria Police Manual – Code of Conduct Professional and ethical standards Context Purpose The Victoria Police mission is to provide a safe‚ secure and orderly society by serving the community and the law. Our members have a duty to preserve the peace‚ protect life and property‚ prevent offences‚ detect and apprehend offenders and help those in need of assistance. Because of this mission and the important role that Victoria Police plays in the community‚ employees are entrusted with considerable authority and
Premium Police Management Ethics
CODE OF CONDUCT At the core of every great company is a set of clear and consistent values. Our values underscore every decision we make and guide us in our behaviours. It is up to all of us to keep our values alive – they are an important part of our DNA and a key part of what makes us different. The Code is designed to help us make the right choices. It provides further detail of how each and every one of us should act in accordance with our values of Delighting Customers‚ One Team‚ Integrity
Premium Customer Morality Confidentiality
ASSIGNMENT Question 4 NG CHAUR YANG 111061121 Lecturer: Dr. Kenneth Question 4 Discuss the statement in detail within the context of the Malaysian environment. Professionalism cannot be taught by regurgitating the IEM Regulations on Professional Conduct nor by memorizing a set of rules. Do you agree with the statement and why? The IEM‚ which known as Institute of Engineer Malaysia‚ was established in 1959 and it had a marked influence on the engineering profession in the country. It primary function
Premium Ethics Engineering Profession
1. During the establishment of AIG‚ some institutional voids occurred. In 1949 when the communist party took the power in China‚ the government owned an insurance company. But this was sort of useless since almost everything was owned by the state. There is a second relevant void‚ namely the lack of training for insurance agents and as a result of this‚ a lack of educated insurance agents. This was attractive for foreign companies. Another thing could also be mentioned as a void‚ namely the total
Premium People's Republic of China Insurance China
Running head: Unprofessional Conduct Unprofessional Conduct‚ or Is It? American InterContinental University Online HCM410-0901A-02: The Ethical and Legal Aspects of Healthcare March 2‚ 2009 INTRODUCTION This paper will examine a 1979 Idaho case where a nurse met a woman diagnosed with myelogenous leukemia‚ a form of cancer. The patient had kept her condition under control for the past twelve years but has had a flare up. The patient was admitted into the hospital‚ and told by her physician
Free Nursing Registered nurse Licensed practical nurse
E: Respect for People’s Rights & Dignity Ethical Standards Ethical Dilemmas T P .. . .. . .. . . . . . . . . . . . . . .. .. .. .. .. .. .. .. .. .. .. .. .. . .. . .. . .. . .. . O R E I Principle A: Bene cence & Non-male cence Principle B: Fidelity & Responsibility Principle C: Integrity Principle D: Justice Principle E: Respect for People’s Rights & Dignity Ethical Standards Ethical Dilemmas T P .. . .. .
Free Psychology Ethics
Assignment # 2 – “Unprofessional Conduct” Timothy Sidbury Professor Bess White BUS309508016*201005: Business Ethics 20 August 2010 Assignment # 2 – “Unprofessional Conduct” 1. Explain how you understand the following terms: “unprofessional‚” “immoral‚” “lack of fitness” to teach. First‚ I understand the term” unprofessional” as conduct that goes against a set of rules or principles of a stated profession. Secondly‚ “immoral” is behavior that is unethical and does not comply with morals
Premium Ethics Business ethics Morality
III. PERSONAL CONDUCT Section III. 1 Confidentiality Policy During the course of employment at “X”‚ employees come across information related to the trade in methods‚ processes or strategy which is key to the business. Our clients also entrust us with a lot of important and confidential information. It is an integral part of our role as brand custodians to respect the confidentiality of this information and ensure that we safeguard it against all possible leaks. Therefore employees are required
Premium Employment Confidentiality Ethics
- Question 1 1. Discuss what is meant by ‘unconscionable conduct’. Explain how unconscionable conduct might affect the validity of a contract. In your answer‚ you should include a discussion of any relevant statute law and at least one relevant case. Unconscionable conduct is a broad concept in contract law that involves several doctrines and can be understood at different levels of breath. It is generally referred to as ‘conduct which is wholly unreasonable and is not guided or restrained
Premium Debt Contract Contractual term