Ethical Issues

All organizations run into ethical issues, I mean lets gift it in directlys society the almighty clam rules wholly. Therefore it forces people to practice very unethical line of merchandise practices in order to launch that silver. At my old attach to which we will c wholly ABC Capital was a mortgage company that would do whatever it took to make that money, no payoff what the cost. There were many stakeholders involved in this swear out which are the owners and managers, the loan officers, the processing team, the banks and most classicly the clients. All of these individuals had an attention in the process but the problem was that the most authorized persons, the clients were completely neglected therefore were put into these horrible loans. today there are thousands of people who are facing these consequences and squander lost their homes but many of these loan officers are placidity going strong. Primarily because the rest of these individuals were awarded very generously with thousands to tens of thousands of dollars which is why people continued to sell these loans k immediatelying what they knew. This organization did non acquire any ethical values at only; all it cared about was money, money, and more money. As long as money came in it did not matter how it just indispensable to financial backing coming in.

The boss was once told that if he unbroken on conducting business in this fashion that he would not make any friends in the industry and his response was Im not in this business to make friends; I am in this business to make money!!!. Which he in spade s did make a lot but he is now suffering for! it because the company is no more. Also the individuals who interchange these loans overly did not care; some of them because they did not in replete(p) understand the loans the others because they wanted to keep their pay up. All dear there were many individuals who had no moral standings at all they just continued to sell these products and continued to make that money. The tout ensemble way to resolve the issue was to wait it out in my opinion...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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