Can a business be evil?
The financial papers are filled with discussions of Goldman Sachs and their alleged misconduct in the trading of certificates linked to the housing crisis. Executives at Goldman Sachs [stckqut]GS[/stckqut] have had to testify in front of congressional committees and it appears that at least one Attorney General is investigating them for crimes committed.
The result will likely be fines for the company. But is the company evil? Should the company be punished? The company is officially only a filed document in some state. The reality is the company is a group of shareholders that employ some managers to run a company to make a profit. Therefore, the company itself is not evil, even if there is a chance that some of those managers or employees are criminally negligent. Read More →