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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Accomplish (A5) (2)

Accomplish (A5) (2)

Q Submit responses to the following Cases/Readings by Sunday at 11:59 p.m.: • Case 5.1 1. When the federal charges were announced, Chicago alderman Brian Doherty expressed his outrage over the former governor’s conduct, “This is not like a guy taking $500 for a zoning change. This is selling a U.S. Senate seat.” Evaluate Mr. Doherty’s statement for quality of its ethical reasoning. 2. What ethical category would the governor’s conduct fall into? 3. How do you respond to Mr. Blagojevich’s defense based on the notion that he was doing things that had always been done in Chicago? 4. List the stakeholders in this scenario, and explain how they are affected. • Case 5.6 1. Evaluate the ethics of this type of loan. 2. Evaluate the ethics of circumventing state laws with borrowers through an online presence. 3. Evaluate the ethics of banks assisting in collection of the payday loans. • Case 5.7 1. Describe the regulatory cycles on pension fund accounting and pension funding. 2. Explain the conflicts issue in the management of pension plans. 3. Give a list of the economic and ethical issues in pension funding, employee wages, and RIFs. 4. Did noble goals on all sides result in unintended consequences at United, GM, and for the public employees at bankrupt government entities? 5. What ethical issues do you see in the government intervention to save GM? • Case 5.14 1. Did the Red Cross commit an ethical violation in its initial decision? 2. What do you think of Dr. Healy’s decision? Is she a whistleblower? 3. What policies should the Red Cross establish for the future in fundraising and fund disbursement?

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. I think that the ethical reasoning in Mr. Doherty’s statement is absolutely appropriate and correct from an ethical point of view. This is because had I been I the position of Mr. Doherty, I would have also been outraged and furious at the step taken by the former governor. This is because of the fact that the governor had been guilty of cleverly duping everyone and selling a political seat in a sly and vicious manner (Jennings, 2014). This kind of slyness and viciousness cannot be tolerated. It is important to note that in this case, the situation is such that the former governor can be held for accepting bribes and can be charged for accepting bribes. Another accusation could be that the former governor had been selfish and wanted to earn monetary benefits for which such a step had been taken by the former governor to sell a political seat in exchange of money.