[vc_row dfd_row_responsive_enable=”dfd-row-responsive-enable” responsive_styles=”margin_left_tablet:10|margin_right_tablet:10|margin_left_mobile:10|margin_right_mobile:10″][vc_column][vc_column_text]Please download and read the PDF:
Answer the following questions:
-What moral emotions seem to have been at play in this case? On the part of the bank’s employees? The bank’s victims? The bank’s regulators? The bank’s shareholders?
-In the wake of everything described in the case study, Wells Fargo has fired many employees, clawed back bonuses from executives, replaced many of its directors, dismantled its sales incentive system and made other changes. Do you think these changes were made out of a utilitarian calculation designed to avoid further monetary penalties, a desire to avoid the shame and embarrassment the bank’s managers and employees were feeling, or a combination of both? If a combination, which do you think played a bigger role? Why?
-Pick a utilitarian thinker, and a non utilitarian thinker from our lecture today. How would they look at this crisis?
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