"Banking Industry Meltdown: The Ethical and Financial Risks of Derivatives"ќ
It is undeniable that success and integrity of any business lies on the integrity of business ethics. Whereas some business entities have recorded exemplary performance as a result of good business practices, others have either closed down or made great losses for its investors due to breach of business ethics. Certainly, integrity of business ethics lies within the hands of the business managers and employees, as well. Therefore, discourse of any business action primarily depends on decision makers within the business. Banking industry has often been hit by meltdown owing to the failure of management and employees to articulate finances and derivatives in an ethical way. This is a discussion on the ethical perspectives on the banking industry meltdown.