Greed Trumps Ethics Again–And Again

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

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