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Salomon Brothers (C)
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Reference: TD-151-E
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Year: 1991
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Number of pages: 2
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Geographic Setting: Estados Unidos
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Publication Date: May 7, 2002
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Source: IESE (España)
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Type of Document: Case
Description
John Meriwether reports Mozer's actions to Salomon's President, Thomas Strauss, chief legal compliance officer, Donald Feuerstein, and CEO, John Gutfreund. On Feuerstein's recommendation, a decision is made to report the incident to the federal authorities. But, who will report the incident, how and to whom, the Federal Reserve Board or the more hostile Treasury Department? No plan for implementation of the decision is formulated.
Learning Objective
To explore a difficult group decision with ethical and cultural ramifications for the firm.