Read the followimng journals:
1) Banking Ethics and the Goldman Rule by John P. Watkins
2) Leader Ethical Decision-Making in Organizations: Strategies for Sensemaking by Chase E. Thiel, Zhanna Bagdasarov, Lauren Harkrider, James F. Johnson and Michael D. Mumford
3) Moral Duties in Business and Their Societal Impacts: The Case of the Subprime by Lending Mess and JOSEPH GILBERT
Task:
Develop a blog aimed at allowing participants to interpret ethical issues surrounding subprime loans. Be sure to address the following in establishing your blog:
• Summarize the concept of subprime loans and the risks they pose to the lender and borrower.
• Critique the role of leadership decision-making in the subprime loan financial crisis.
• Evaluate subprime loans with the notion of social responsibility. Compare and contrast the resulting consequences for these actions.
• What measures have been taken since that time to assure this will not happen again?
Support your blog with at least five (5) scholarly resources. In addition to these specified resources, other appropriate scholarly resources may be included.
Length of blog: 3 entries (approximately 350 to 400 words per entry)
Your blog should be located at a web site that can be easily accessed by Faculty (e.g., https://wordpress.com/). It should contain text that is readable, links that work, a display of at least one graphic, and content information that supports the assignment requirements.