Well the bank gives out loans to corporate customers and gets a higher rate of returns. However there is a higher risk to it and everyone knows in advance about it. Earlier the savings and corporate account were separate and not linked to each other (they were separate islands). Now the bank with the help of "Big Data" technology is linking everything without telling the customer ~ actually spying into the personal life of the corporate people (Also it had never informed the customer earlier too!)
It is like this: If your son keeps a $100 bill in the refrigerator, you obviously can profit by taking it and not telling him about it. However you can tell him and then take the money. Which one of the options would you take? Which according to you is more ethical? Hey Namaskara~Nalama~Guten Tag~Bonjour -- Keigu Deepak 73500 12833 www.simtree.net, [email protected] [email protected] LinkedIn: www.linkedin.com/in/deicool Skype: thumsupdeicool Google talk: deicool Blog: http://loveandfearless.wordpress.com Facebook: http://www.facebook.com/deicool "Contribute to the world, environment and more : http://www.gridrepublic.org " On Tue, May 24, 2016 at 5:54 PM, Rasp Berry <[email protected]> wrote: > Just out of curiosity, when you say "however it is not completely ethical > to link the corporate account to the savings account of the customer > company", where are you getting the idea that it is not ethical? I am not > saying I think it is or isn't, but I am more curious as to how you arrived > at this conclusion and the reasoning behind it. > > On Tue, May 24, 2016 at 2:32 AM, Amr Shahin <[email protected]> wrote: > >> It sounds very unethical, if i had the choice i wouldn't do it, think >> however that if you don't then someone else with less moral standards will >> do >> >> On Tue, May 24, 2016 at 1:59 AM, Deepak Goel <[email protected]> wrote: >> >>> >>> Hey >>> >>> Namaskara~Nalama~Guten Tag~Bonjour >>> >>> (Sorry, as this might not be the right question for this forum. However >>> am not sure which other forum would be able to address this problem) >>> >>> I work for a "Big Data" company and we are supposed to provide the >>> technology to a bank which will link the corporate accounts and savings >>> accounts of a customer. >>> >>> So if a bank has given a corporate loan to a company and the company >>> does not dole out some payments from its savings account, then the bank >>> should warn itself and take action against the company as there might be a >>> probability that the company might default on its loan. >>> >>> Now we would be providing the technology however it is not completely >>> ethical to link the corporate account to the savings account of the >>> customer company. However the bank is saying, as it has all the data it can >>> link it without any hassle. Even without informing customers. >>> >>> This problem is similar to the "Nuclear problem" where the physicist >>> provided the nuclear technology to build nuclear bombs, but said that they >>> just provided the technology. But it is for the politicians to decide >>> whether or not to use nuclear bombs on civilians. And hence there is no >>> moral obligation on the physicist. >>> >>> What do you think I should do? Is there a problem at all or am i just >>> over imagining things? Should I provide the technology to the bank to link >>> the two accounts? >>> >>> Thank You >>> Deepak >>> -- >>> Keigu >>> >>> Deepak >>> 73500 12833 >>> www.simtree.net, [email protected] >>> [email protected] >>> >>> LinkedIn: www.linkedin.com/in/deicool >>> Skype: thumsupdeicool >>> Google talk: deicool >>> Blog: http://loveandfearless.wordpress.com >>> Facebook: http://www.facebook.com/deicool >>> >>> "Contribute to the world, environment and more : >>> http://www.gridrepublic.org >>> " >>> >> >> >> >> -- >> *-Amr* >> > >
