Made in Germany (english) Madman’s Economy – the Scandals of 2008 - 30.12.2008

The year 2008, as far as economies go, left everyone shaking their heads in dismay. One big problem is the issue of ‘ethics in business’, according to Ulf Posé, president of the ”Ethikverband der deutschen Wirtschaft”—an institution dealing with ethics in German economical activity. He highlights the ethical decay that resulted in the scandals of 2008 –if not the outright decline of the economy.