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SHOULD TOP EXECUTIVES OF MAJOR BANKS THAT RECEIVED BAIL-OUT MONEY BE ALLOWED TO RECEIVE LARGE BONUSES?

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Essay / Research Paper Abstract

For as long as mankind has lived within a more communal environment, the split between a relative handful of ruling public figures and their huddled masses has been both palpable and pained; those few in charge were forever in possession of the greatest wealth compared with the general populace who typically eked out a meager existence. This reality has not changed much over the centuries with the same handful of power mongers controlling the distribution of wealth of an entire country, often reserving the greatest financial rewards for themselves without even a thought for how such actions impact the greater good of society in particular and the entire human race in general. 5 pages in length. 3 sources are cited.

Page Count:

5 pages (~225 words per page)

File: LM1_TLCbailoutbonus.rtf

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Unformatted sample text from the term paper:

listed below. Citation styles constantly change, and these examples may not contain the most recent updates. SHOULD TOP EXECUTIVES OF MAJOR BANKS THAT RECEIVED BAIL-OUT MONEY BE ALLOWED TO RECEIVE LARGE BONUSES? by , Ph.D. (c) October 2010 VISIT aftersale.htm paper properly! For as long as mankind has lived within a more communal environment, the split between a relative handful of ruling public figures and their huddled masses has been both palpable and pained; those few in charge were forever in possession of the greatest wealth compared with the general populace who typically eked out a meager existence. This reality has not changed much over the centuries with the same handful of power mongers controlling the distribution of wealth of an entire country, often reserving the greatest financial rewards for themselves without even a thought for how such actions impact the greater good of society in particular and the entire human race in general. That top executives of recently bailed-out companies ever entertained the idea to fortify their already fat bank accounts when much of the nations populace had just lost jobs, houses and hope seems unfathomable to those with an altruistic nature;, however, not only did they consider such an action but actually paid themselves millions in bonus money for what they justified as duly earned dividends. Utility requires society to recognize the benefit of providing what is best for the majority; while siding with the greater good is not necessarily the best for all, it is the most equitable under general circumstances. Utilitarians will argue it a ludicrous statement to claim utility is merely totalitarianism in disguise, inasmuch as the purposeful ...

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