Problem
By now the name Bernie Madoff has become famous as possibly the most egregious example of unethical greed in modern history. Yet Madoff was not responsible for the major meltdown on Wall Street nor the collapse of many banks and industries in the United States. Yet the ethical issues presented by his crimes are important in the context of global business. At the time of his arrest and trial, what conclusions can you come to concerning the ethical climate of global business? What impact has his behavior had on the way that global business is going to be conducted in the future-if any impact at all?