Case 1: ARude Introduction Imagine that you are a newly hired, junior analyst working for AIG in 2002. You are working as a high yield bond analyst in Houston, Texas, and Gordon Massie is your boss and the senior Investment Department officer with AIG in Texas. Your salary is $50,000 per year. Gordon is anxious to welcome some of the new analysts to AIG and he hosts you and three co- workers for lunch at a local restaurant. During this very elegant luncheon lGordon casually mentions to those at the table that \"AIG has not been truthful about the valuation of many of its high yield bonds and we all have to be careful about not challenging these bond valuations for fear of upsetting top management in New Yor \". Question A: What is your initial reaction to this comment by Mr. Massie? Taken back, then \"Is that really true?\" Question B: Do you have any ethical, moral, or legal obligations to act on this information? Yes, this is was the problem in 08 and years before it. Question C: Is one's ethical obligation to act in this situation in any way related to one's seniority within the company? No, because any company you would hope all employees care for it as much as top management. Question D: 'What courses of action might you pursue if you felt the need to act on this information? Speak to upper level management, if Gordon isn't going too. Thoughts: In what ways may people rationalize their decision to do nothing? Isn't it easier for the new hires, who have less to lose, to act