Posts Categorized: Ethical Dilemma

Another Sad Wells Fargo Story

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According to the New York Times, more than 800,000 people who took out car loans from Wells Fargo were charged for auto insurance they did not need, and some of them are still paying for it, according to an internal report prepared for the bank’s executives. Questions: 1. How many customers were forced into delinquency… Read more »

Amazon-Nike Powerhouse

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According to Reuters, Nike’s pilot program to sell certain products on Amazon and Instagram is a precursor to it forging a deeper relationship with online retailers, and could hit sales at sporting goods retailers such as Foot Locker Inc. Questions: 1. What are the benefits of this deal for Nike? 2. How is Nike trying… Read more »

A new manipulation of stock

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Kamilla Bjorlin, actress appearing in movies with Al Pacino and Anthony Hopkins, as well as countless lesser roles, is now looking at possibly her biggest role in defending herself against SEC charges against a modern “pump-and-dump” scheme. Questions: 1. According to the SEC complaint, what was Bjorlin’s firm’s role in driving up the stock of… Read more »

The Dirty Little Secret about Big Pharma

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As the New York Times reports, when Big Pharma companies are under fire for skyrocketing drug prices, they would like you to believe that prices have to be so high to support research and development (R&D). But is that the truth? Questions: 1. What did the authors of the new study find that the 18… Read more »

Wiped Away

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Tens of thousands of people who took out private loans to pay for college but have not been able to keep up payments may get their debts wiped away because critical paperwork is missing. Questions: 1. How much do the troubled loans total? 2. According to the article, what is this situation reminiscent of? 3…. Read more »

Repealing an effective policy without immediate replacement? Good idea?

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In June, the secretary of education, Betsy DeVos, announced plans to dismantle a set of Obama-era policies devised to protect students and taxpayers from predatory for-profit colleges. However, data released in the final days of the previous administration shows that the existing rules were more effective at shutting down bad college programs than even the… Read more »

The new CFPB rule

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On July 10, the Consumer Financial Protection Bureau (CFPB) issued a controversial rule to prevent companies from using arbitration clauses to stop litigation over customer complaints. Questions: 1. Many of these clauses have been related to credit card or banking customer contracts. If consumers don’t agree with the arbitration, why haven’t they filed class action… Read more »

Don’t order the chicken

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The first known shipment of cooked chicken from China reached the United States last week, after a very publicized trade deal between the Trump administration and China. But consumer groups and former food-safety officials are warning that the chicken could pose a public health risk. Questions: 1. What are the health risks? 2. What are… Read more »

New Math: 1 + 1 = $455M

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An Ireland-based company, Horizon Pharma, makes a drug called Vimovo. The drug combines the two over-the-counter drugs of Nexium and Aleve and you won’t believe what they charge for it! Questions: 1. According to the article, how much does it cost to buy the new drug. Compare Vimovo’s price to the $40 for a month’s… Read more »

Not good for Walmart

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A report released Thursday by a workers’ advocacy group says Walmart, the nation’s largest private employer, routinely refuses to accept doctors’ notes, penalizes workers who need to take care of a sick family member and otherwise punishes employees for lawful absences. Questions: 1. According to the accusations, what Acts has Walmart violated? 2. The article… Read more »