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An Ethical Analysis of Organizational Power at Salomon Brothers

Published online by Cambridge University Press:  23 January 2015

Denis Collins
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Abstract

Michael Lewis’ book, Liar's Poker, presents a scary picture of behavior within the investment community. While this portrayal is interesting in its own right, it presents us with an opportunity to subject real business behavior to analysis and suggestions for reform. As such, the issues raised here transcend a mere review of the book's plot and prose. Real business behavior, described in gory detail by Lewis, will provide the basis for a moral analysis. Machiavelli's The Prince will provide the framework for most of this analysis.

Information

Type
Review Articles
Information
Business Ethics Quarterly , Volume 2 , Issue 3 , July 1992 , pp. 367 - 377
Copyright
Copyright © Society for Business Ethics 1992

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References

Sarah Bartlett (1991) “Salomon's Errant Cowboy,” The New York Times, August 25, 1991, section 3, pp. 1 and 10.Google Scholar
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Michele, Galen, Leah, Nathans Spiro, Tim, Smart and Dean, Foust (1991) “Salomon: Honesty is the Gutsiest Policy,” Business Week, September 16, 1991, pp. 100–101.Google Scholar
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Elton, Mayo (1925) “The Great Stupidity,” Harper's, pp. 151, 225–233.Google Scholar
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