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    Recession bonuses

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    Over recent months you have heard much about finance companies taking government bail-out money. You have also heard about company management spending lavishly (including on bonuses). Are their actions criminal? Explain. Are their actions ethical? Explain.

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    Solution Preview

    Their actions are not criminal because all of these companies have claimed that the money used wasn't bail-out money. Furthermore, they can claim that it was necessary to spend this money ...

    Solution Summary

    Bonuses and the recession are discussed in the solution.