1.

Record Nr.

UNINA9910816925403321

Autore

Flynn Eileen P (Eileen Patricia)

Titolo

Ethical lessons of the financial crisis / / Eileen P. Flynn

Pubbl/distr/stampa

New York ; ; London : , : Routledge, , 2012

ISBN

1-136-34312-1

1-283-58534-0

9786613897794

0-203-12404-9

1-136-34313-X

Descrizione fisica

1 online resource (297 p.)

Disciplina

174

Soggetti

Global Financial Crisis, 2008-2009 - Moral and ethical aspects

Financial crises - Moral and ethical aspects - United States

Financial services industry - Moral and ethical aspects - United States

Financial institutions - Moral and ethical aspects - United States

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

What went wrong? -- Who is affected? -- What needs to be done to set things right? -- Ethics and recovery -- Individual ethics -- Social ethics.

Sommario/riassunto

In the aftermath of the economic crisis of 2008 it is important to ask what ethics has to say to the many stakeholders in the U.S. economy. The crisis in the financial industry, precipitated by the bursting of a bubble in the housing sector, brought the U.S. economy to the brink of a major depression. Government officials, economists and financial executives intervened to implement measures to mitigate the damage, applying their expertise and using their best judgments to rescue the economy. The actions they took required technical competence, pragmatic judgments and controversial decisions