Do businesses have a social responsibility?

[muncie birder]

I think it might be worse than Milton even advocated. Many CEOs try to maximize their profits just so they can maximize their bonuses. They use every trick they can dream up, including capitalizing items that should be expensed, creating CDOs they can market at a hefty profit and oh yes and selling insurance on worthless bonds that they can not afford to pay claim on.

Frankly it is disgusting.

Good old boy Angelo Molizo of Country Wide maximized his bonus to the tune of 69 million in 2006. He also managed to drive the company into bankrupcy--well almost. BAC is going to bail him out.