http://www.foxbusiness.com/story/markets/white-house-encourages-money-hoarding-banks-start-lending/

this article is pretty interesting. Banks are still not lending money. i guess they are afraid the crisis will get worse. But like the article says, "banks have to lend money to make money" A friend of my family is trying to take out a $100,000 equity line of credit on his two million dollar home right now, and the banks are not lending him the money. Seems a little fishy, but hopefully they will start helping the people and get the economy rolling again.

http://philadelphia.injuryboard.com/medical-devices-and-implants/recall-of-heartmate-ii-implantable-pump.aspx?googleid=250228



this little article could have had a huge impact on people. Some could have died. I did my paper on the A7D Affair and if these people would have overlooked insufficiencies like Goodrich wanted to, it would have been terrible.

krista

U.S. Senator convicted

this is pretty interesting...http://www.cnn.com/2008/POLITICS/10/27/stevens.jurors/index.html

the fact that this man is still working for our government, i think is wrong. i know he hasnt been charged with any thing yet and he still says he is innocent. But i really hope that Alaska does not vote for this man again. I think just because he is the long running republican senator right now he is staying alive in the senate. he convictions were based off ethical misconduct, which i feel is one of the most important concepts as a government official. let me know what you guys think.

nissan recalls over 200,000

http://money.cnn.com/2008/10/15/news/companies/nissan_recall.ap/index.htm?postversion=2008101511

this article isnt exactly the most important news going on, nor does it have any bad ethical behavior. however, it does have good ethical behavior. Talking to one of my other business professors, he mentioned when companies recall or take items off the shelf b/c of a defect, it actually builds the company up and shows the consumers they are a good company and care about there consumers. i thought this was similar to the broad view of capitalism. and how we have an obligation to do good even when its not for direct profit.

Taliban split with al Qaeda, seek peace

Instead of our blog having bad news and sketchy ethical news feeds, I thought it would be nice to have some good news on the board...

I found this article to be quite interesting. Seeing things like this in the news are rare to come by nowadays. Usually all you hear about is the starting of wars end the disturbance of peace. Although everything is not certain I think this is definitely one of many steps that eventually need to be made.

-Chad

ethical standards of Wal-Mart

http://rbest.ethicalmanifold.net/archives/000138.html

this site explains how wal-mart really is. Even though wal-mart is very successful, i still think the economy should regulate on multi-billion dollar companies like this. i know we live in a free market, but not everything can be free. allowing wal-mart to come into small towns and run every other store out of business hurts alot of people and destroys that areas economy. what do you guys think?