Welcome back, everybody.
Yeah, We're gonna go through ethics to find. What does ethics mean to you
here? Five definitions.
We're really gonna focus in the bottom two year. The principles of conduct governing an individual or group. And the obedience, the unenforceable.
So you saw that case when when I was a capital one when I was doing internal fraud? That was obedience to be unenforceable, right? I made that decision based on my own moral rectitude to make that call. I don't think anyone would have known that I knew that information. Otherwise,
the reason that we're gonna focus on those bottom two is because ethics is largely those right versus right decisions
you need to make. Sometimes I'm back on behalf of others
to their three ways to be wrong.
Departure from truth. This one's pretty obvious. Like lying in those kinds of things.
Um, And then moral rectitude right on. This is about your moral compass. Hey, if it end up on the front page of the paper, would I be okay with this
if my mom saw it, But I'd be okay with this. My grandmother sought those kinds of things by doing the right thing.
So departure from truth on DDE
Well, we'll go into, uh, laws. Well, in this, huh? So, Bill Clinton,
Every time I see this picture, I just think of my grandmother.
So my grandmother was
old Southern lady, right? She was from Louisiana, and she was there during the days of Huey Long was one of the main governors there on Dhue. It was like a notorious philanderer, constantly lying, right. And
she grew up during that period, and she didn't really hate anybody. Like she always was like, Oh, I love this person and was always trying to find the good in people. She had six kids. I got her college diploma when she was much older. Just amazing story.
And she didn't hit anybody until Bill Clinton.
The moment that she saw on the TV. A Z young kid. I just didn't really understand. I mean, everyone seemed to love him. Why'd she hate him? And she just said,
I know his type. He looks like he we long to name. That's all I think about when I see him.
So the slick southern gentleman according to her, and
turns out sometimes your grandmother's right,
right? So all the great things that Bill did across for diplomacy, our economy, you name it right,
This is what he's most remembered for
lying to the American public
about an affair that he had.
And it wasn't so much the affair. That was the problem.
because it made you question what else he lied about.
that is what ethics is all about, right when you do that lying,
then it questions everything that you've done in your entire life.
And it's not just in the case of personal
is also a violation of law.
But they had an accounting scandal that was so massive in such a such a ridiculous scheme across the entire company
a massive drop and especially in 1 4002 along with, you know, obviously 9 11 in the stock market.
That means that your tensions
and your mortgage were affected by the actions of this company. Had this massive accounting fraud,
people are out of jobs on the whole industry was destroyed
just horrible right. And so often what happens in these cases? There are no winners,
right? So there are situations like this
and just nobody wins his negative outcomes for everybody.
You're gonna go on a moral rectitude where we actually go through a case.
in the in the next video, we're gonna actually walk through that case, and I want you to pull that up in your resource tap.