TY - BOOK AU - Flynn,Eileen P. TI - Ethical lessons of the financial crisis SN - 9780415516754 (pbk. : alk. paper) AV - HB 3717 F648f 2012 U1 - 174 23 PY - 2012/// CY - New York, NY PB - Routledge KW - Global Financial Crisis, 2008-2009 KW - Moral and ethical aspects KW - Financial crises KW - United States KW - Financial services industry KW - Financial institutions KW - Crisis financiera global, 2008-2009 KW - Aspectos morales y éticos KW - Crisis financiera KW - Estados Unidos KW - Industria de servicios financieros KW - Innovaciones tecnológicas N1 - Includes bibliographical references and index; What went wrong? -- Who is affected? -- What needs to be done to set things right? -- Ethics and recovery -- Individual ethics -- Social ethics N2 - In the aftermath of the economic crisis of 2008 it is important to ask what ethics has to say to the many stakeholders in the U.S. economy. The crisis in the financial industry, precipitated by the bursting of a bubble in the housing sector, brought the U.S. economy to the brink of a major depression. Government officials, economists and financial executives intervened to implement measures to mitigate the damage, applying their expertise and using their best judgments to rescue the economy. The actions they took required technical competence, pragmatic judgments and controversial decisions. ER -