Heist of the Century

In my opinion, the most egregious act of unethical business practice to be found in the news is the $700 billion dollar bailout. Should this action becom law, it will represent the largest state sanctioned theft in history.
The rules of ethics should apply to all. Form your corner market to the largest financial institutions. You wouldn't back the investment in a business with a record of poor decision making, or bad credit. You wouldn't sell a home to someone with no down payment, bad credit, and no job. Most of all, you don't steal money fom hard working Americans to pay off the crooks/CEO's of companies that are failing because of the actions of those same individuals.
The CEO's and Presidents of these companies are guilty of greed, poor judgement, and unethical, if not outright criminal behaviors.
Of course, in my opinion, the government will overlook the ethics of the issue and allow everything to go on business as usual. The taxpayer is being coerced into going along with the plan out of fear of losing everything.
Ironically, if you took the $700 billion dollars and wrote a check for every American over 21, they would get $1.75 million each. Enough to pay all thier bills, put their kids through college and thoroughly stimulate the economy. If they all paid 10% of the $1.75 million to the government in taxes, it would amount to $35 billion towards the national debt.
By taking this action, the government will be sending the message that if your big enough, unethical business practices will we rewarded. It will create far more long-term problems than it fixes and will go down in history as the biggest boondoggle we evry made.