7. What percentage of your income should you donate to charities? Which chari- ties are most worthwhile? Peter Singer, a Princeton professor, argues that people should give away one-third of their income to worthy charities. But, when enter- tainment mogul David Geffen donated $100 million to renovate a New York con cert hall, Singer said that he could not understand "how anyone could think that giving to the renovation of a concert hall that could impact the lives of generally well-off people living in Manhattan and well-off tourists that come to New York could be the best thing that you could do with $100 million."44 He added that donation of less than $100 could restore sight to somcone who is blind. To what theory of ethics is Professor Singer subscribing? Do you agree with him? What obligation do you have to help others? What is the best way to help others? 8. I was working on a trading desk. One year, my team did not make its number a good friend of the head of our division so the head agreed to "reallocate which meant no bonuses and maybe even some of us would be fired. My boss was of the profit from other teams to ours. So my team got a bonus. When I asked my boss about the ethics of this action, she was annoyed that I was not just grateful What ethics traps did I face? What should I have done? What is the best way to implement my decision? 9. I was a plant manager at a factory that used a lot of steel equipment. When a piece of equipment failed and was not worth repairing, it was sold for scrap. Plant man- agers usually kept the scrap money for themselves without telling headquarters That money was considered an unofficial bonus. (After all, the equipment was no longer functional, and plant managers are underpaid.) I felt a little uncomfort- able taking the money, but my boss warned me that, if I didn't, I would make the other plant managers look bad. I could have paid off my credit card debt with that money but, instead, I hosted an employee BBQ and bought work boots for the low-wage workers. Did I do the right thing? What traps did I face