Tuesday, January 19, 2010
Ethics, Low, Policy & Technology - 011210
This is my blog for Marymount University IT-550 class. In this class we will learn about ethics, law and policies in information technology world. There will be a lot of reading in this class. I am not much of a reader or writer. As far as writing goes, writing application programs is what I do best. However, I will try my best to enjoy and have fun in this course. Hopefully I will develop some writing skills from all the readings, assignments, blogging and working on final research paper.
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I have taken the learning style quiz and it seems like I am fairly well balanced on the two dimensions of each provided scale. My scores were 3, 3, 3 and 1. I am not good with memorizing anything. I like logic better than theory. I hope my writing skills improve. I like being in the class. Online class is not my thing.
ReplyDeleteWatched Bernard Madoff video. I have heard about Madoff but didn't know much of the story in detail. The video was very interesting and I learned a lot from it. I feel that all parties involved, Madoff, his firm, his employees, clients and even SEC contributed to this situation. Madoff was a dishonest businessman. His employees and entire firm were conducting business in such way that they only cared about their part of the cut. They had acted the way they did out of greed. Clients knew that the way Madoff was doing business was not the right way and they even knew why he was running business that way. However they didn’t feel obligated to report this to authorities just because they were under the impression that they were making their money. Even SEC should be accounted responsible as they didn’t investigate Madoff on time and even when they initially did they did a poor job. It also felt to me that SEC agents were not comfortable going after a reputed and respected person in Wall Street such as Madoff.
ReplyDeleteRead chapter 1 and completed homework questiong. Now I know what is cyberethics and cybertechnology. I have learned some other ethical terms as well.
ReplyDeleteAbout Madoff's case, forgot to mention one thing. Some of the other student that wrote in the discussion board didn't think that clients had much responsibility out of ignorance. However, I feel that all parties had more or less responsibilities. Customers acted the way they did out of greed. Also they should have notified SEC of any wrong doing by Madoff and his firm which they didn’t.
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