The article "Wall Street Staggers" provides an overview of the recent financial crisis and provides a bit of historical perspective by describing prior periods of financial turmoil and the lessons that may not have been learned. While the role of greed and hubris are not detailed, the notion that these human frailties may have made it difficult to learn from past failures is introduced. Additionally, the problem of moral hazard is described, and the idea that bailouts prevent market forces from effectively disciplining behavior is introduced. The issues raised here can form the basis of an interesting discussion by demonstrating the way human nature, ethics, regulation, and economics are intrinsically interconnected. Serf the net and read one or two articles on this ethical and corporate social responsibility issue and discuss any 3 of the following questions (one page for each question). The assignment assesses critical thinking in current issues. 1. What role did hubris and greed play in the current credit crisis and collapse of investment banks? 2. If financial institutions are not allowed to fail, can free-market mechanisms work to prevent excessive risk-taking and the consequences of greed? 3. Who benefited from the deregulation of financial services over the last 30 years? Is it fair for taxpayers to pay for bailouts of failed financial institutions? Why? 4. What is meant by the term "moral hazard"? What are the implications of moral hazard for government regulation? Resources: A Note on the Assignment Researching management and other pertinent topics through the web & current periodicals: Is there a way for managers to know how management is practiced through searching the web and through the different trends that affect the practice of management? One source that provides this type of information is the electronic search of databases and literature as well as through professional business publications, associations and search engines. Fortune, Business Week, Forbes, Time, Newsweek, and the Wall Street Journal are just a few of the many sources of information about organizations. Articles commonly appear in them that informs us about management, organizations, and their ongoing activities and practices. The World Wide Web (WWW) is yet another important source. Most large organizations also have detailed websites. You can visit many of these website through search engines such as Alta Vista (http://www.altavista.digital.com), Yahoo (http://www.yahoo.com), or Hotbot (http://www.hotbot.com), Excite (www.excite.com), Google (www.google.co), Lycos (www.lycos.com), Looksmart (www.looksmart.com), Go to (www.goto.com). In your assignment submission, you need to identify and cite all the websites for the sources you have used for your research.