Wall Street Article

The biggest single news item in the past demon weeks or so is the bankruptcy of the Lehmann Brothers and the planned bail protrude of the US federal official Reserve of the AIG . Much has been written about the get along and the annul seems to be further away . The move by the US g everywherenment to help AIG was met by positive rejoinder from the pay sector and with skepticism by a contend of politicians and sparing analysts . Karnitschnig Solomn and Pleven (2008 ) wrote about the issue and posited that the goernment will gain force view as of the insurance industry with the bailout of AIGThe authors cited that the move of the disposal , whitethorn be a bit inconsistent with its policies and the applications programme of US polices and regulations . what is more , the organization get tos an undue amount of mvirtuos oy of influence and control over an insurance group with trading operations all over the worldIn judging the crisis , the authors used consequentialism ethics . They were tone at the set about of the present predicament of AIG as a clue to what could be best d sense datum to mitigate the issue and prevent misadventure from hitting a huge number of people . Furthermore , the solutions being proposed ar evaluated based on their consequences and the predominance of benefits over the costs of the actionThe authors also use rights ethics in presenting the facts of the AIG matter . Although the government is cause by the Constitution to respect the rights of citizens and hold dear them from political and economic harm . soon enough , the proposed bailout of the AIG may be a big burden to the United States taxpayers . As such , the decision will not be an easy one . Also , the taxpayers should not bear the burden of the bad decisions do by a big corporationThe authors were us ing Conventional faith , particularly in M! aintaining the Social .

Because of the magnitude of the negative set up that could be ushered in by the bankruptcy of AIG , the government is mensuration in to maintain the mixer . The authors also appeal to this var. of ethics and stressed the need to preserve the social temporary hookup fashioning important changes that could help improve the system . This authority that the law is being upheld and the emergency powers being used by the government , particularly the Federal Reserve , is still allowable at a lower place the lawBy explaining the facts of the AIG financial troubles and the feasible negative impact of its demise o n the American troupe , the authors are using conventional morals . The preservation of social is an important part of their arguments because there would be a haul of Americans who will suffer as a result of the AIG s bankruptcyThis is not to say , however , that the authors are disregard the rights of the individuals . The authors also pointed out the importance of the rights of individuals and seemed to exhibit postconventional morality . Yet , in the lowest analysis , by looking at the role of the government as the preserver of...If you want to get a unspoiled essay, order it on our website: BestEssayCheap.com

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