Can business ethics get any worse? Later this summer, the Justice Department is expected to announce charges of criminal wrongdoing in GM’s handling of faulty ignition switches that led to a series of fatal accidents. The New York Times says GM will likely agree to a record settlement—more than the $1.2 billion that Toyota paid for a sudden acceleration problem. And Tanaka has finally admitted after years of denial that its explosive airbag problem justifies the largest recall in auto history (and that’s saying a lot). Continue reading
Greed Trumps Ethics Again–And Again
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