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actions that were far from rational. In looking at AIG's actions as a virtue
ethicist, you would be drawn to the two virtues of courage and justice.
Rather than courageously facing the economic hardship ahead, the company
took the easy way out by accepting hundreds of millions of dollars in the
bailout. In relation to justice, it is clear that there was little concern for
justice, as the executives responsible for the company's economic issues
were rewarded with huge bonuses.
These facts and Analyses are based on a paper by Paige Vandermyn &
Holden Canty, "American International Group, Inc." (2011).
Barr, Alistair. "AIG Stock Tumbles on Heightened CDO Concerns."
MarketWatch - Stock Market
Quotes, Business News, Financial News.
MarketWatch. 11 Feb 2008. Web. 16 Nov. 2011.
http://www.marketwatch.com/story/aig-drops-12-as-auditor-spat-raises-cdoconcerns
Brady, Diane, Marcia Vickers, and Mike McNamee. "AIG: What Went Wrong."
Businessweek Business News, Stock Market & Financial Advice.
Bloomberg BusinessWeek, 11 Apr. 2005. Web. 16 Nov. 2011.
http://www.businessweek.com/magazine/content/05_15/b3928042_mz011.ht
m
Salazar, Heather. "Kantian Business Ethics." Herman 122, Springfield. 19
Sept. 2011. Lecture.
Salazar, Heather. "Virtue Theory." Herman 112, Springfield. 26 Sept. 2011.
Lecture.