Margin Call Essay Example | Topics and Well Written Essays - 500 words

Margin Call - Essay Example erst customers realize what the company is doing, its actions will be exposed. This course of action was honorablely questionable because it revolved more or less making false promises to customers who would contrive bought securities that would be worth nothing.The moral philosophical system from which Jared and John justify their actions is through with(predicate) ethical relativism. While they would not normally take such drastic actions, they feel that the situation warrants fond thinking, and getting rid of all the companys toxic assets would do just that. While it is weak to feel sympathy for the company and its perilous position, this does not justify the actions that were subsequently taken. If they had listened to Sam, thence the management could have realized that following their course of action would scarcely worsen the situation. The problem with ethical relativism is that decisions are establish on circumstance rather than a set list o f rules and regulations. The reason why corporate memorial tablet is important is because it prevents actions like the one John and Jared took. Although some financial laws may seem too restrictive, in that respect is a need for greater regulatory control, as evidenced by the start of the global financial crisis in this movie.One moral philosophy that would have led to a different case is ethical fundamentalism. This philosophy holds the view that there is a clear right and wrong, and crossing the line can result in severe consequences. If John and Jared had adopted ethical fundamentalism as part of their decision making process, then they would know that selling of the firms toxic assets go against most thinking. Criticism of this moral philosophy would be that it does not allow freedom to make choices, but in actual fact it only provides boundaries by which to live by. If John and Jared would have following this thinking, the firm would have certainly experienced financial ru in, but at least some credibility would remain intact.Another moral