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    Should the top executives of the major banks that received bail-out money be allowed to receive large bonuses?

    Be sure to clearly identify the utilitarian and deontological implications of your position. Be clear how your answer respects basic rights and has consequences that are for the greatest good.

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    https://brainmass.com/business/the-time-value-of-money/bail-out-money-378515

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    Should the top executives of the major banks that received bail-out money be allowed to receive large bonuses?

    Be sure to clearly identify the utilitarian and deontological implications of your position. Be clear how your answer respects basic rights and has consequences that are for the greatest good.

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    Top executives of the major banks that received bail-out money should not be allowed to receive large bonuses. This position can be examined from both the perspective of deontological implications and utilitarian position ion this issue.

    From the deontological perspective the major banks collapsed or reached a position where they would collapse because the top executives failed to comply with the rules and they avoided their duties in the most blatant manner.

    These executives have failed in carrying out their duties when they fuelled the housing bubble, these executives have failed in their duties when they indulged in weak and fraudulent underwriting, and these very executives failed in carrying out their duties when they indulged in sub-prime lending. These executives disobeyed rules when they over-leveraged, increased their debt burden irrationally, and incorrectly priced their risks. From the deontological ethical perspective the unethical acts of these top executives has led to the financial crisis in banks. Should these top executives be rewarded for their unethical actions? From the deontological ethical perspective, it is the duty to government to use the tax-payers money in an ethical manner. It is the duty of the government to ensure that those that have committed unethical actions should not be paid huge bonuses.

    Let us examine the reason why large bonuses should not be paid to top executives from the deontological ethical perspective. It is the duty of the government to set high standards for the banking industry. However, giving large bonuses to top executives that have violated all banking standards is against the duty of the government. In fact it is the duty of the government to punish the top executives that have failed in their duty and should not reward them. Large bonuses are given to award the top executive for doing a commendable job. On the ...

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    This answer provides you an excellent discussion on major banks that received bail-out money

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