Case 3: "Family Temptation" Text: Your father has invested heavily in the company for which you work. The profits from these investments are meant to help your sick aunt pay for her medical care, and to help pay for your sister (who is a very talented judo expert) to go to study with an instructor who is sure to turn her into an Olympic athlete. Over dinner, your father asks how his favorite company is doing. You know that the 4th quarter profits (which are due to be released next week) are going to be rather dismal, especially when compared to the Wall Street forecasts.

Questions

1. What, if anything, should you tell your father?

2. What steps should you have taken to avoid having this situation arise in the first place?