aimenathan_discussionpost2.doc

aimenathan_discussionpost2.doc - business as a whole. The...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Subject: Discussion Post 2 Posted by Nathan Aime Tue Jul 6 23:00:41 2010. Message: I do feel that some of the generally accepted accounting principles were ignored by the large banks. I think the most important principle ignored that had the biggest disastrous effect would be the lack of ethics. I feel that without ethics, nothing else can be trusted. Trust is the backbone of economics and
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: business as a whole. The scandals that were brought to light made the investors lose faith in the companies that were following the rules and everyone ended up suffering because of a few selfish people who didn't care about the consequences and impact it would have on the entire financial industry....
View Full Document

This note was uploaded on 01/08/2012 for the course BUSN 310 taught by Professor Alex during the Spring '11 term at American Public University.

Ask a homework question - tutors are online