Wall Street – New York Stock Exchange
Wall Street, notorious for inducing unethical behaviour in the name of greed, continues to live up to it’s name. To many, including the writer of this article, it may come as a shock that given a situation where an individual may benefit significantly by acting immorally, a poll suggests that the younger generation of financiers working on Wall Street are much more ready to act unethically. At first, it seems strange and even a little disappointing that in such “civilized” times, very few of us are capable of abiding to our own code of ethics, let alone, a code of ethics of a business. What appalls many of us is the fact that we see ourselves in a new age of human history, one that stresses equality and social awareness, one that emphasizes environmental awareness, one that ultimately taps into our conscience. Yet, the article suggests we are not as progressive a people as we think. Despite this do-good movement, another factor exists: increased competition. Employees in today’s modern workplace are not only pressured to act civilly, but in an environment against many other people. It’s not secret the earth is much more populated than ever before. With fewer and fewer jobs available, it’s no wonder dual degrees are becoming the norm, and the reason why these young financiers are wiling to see past their iron wall of ethics in order to keep up with the demands of day-to-day life … a bit more at a time.