CaseNet - Ethical Issues in the New York City Fiscal Crisis, 1974-75

Ethical Issues in the New York City Fiscal Crisis, 1974-75

Jeremy Paul,
Dennis Thompson
Harvard University © 1979
ISBN 0-324-03240-4

Case Teaching Package
A case teaching package is available for this case.

Length
This case is 18 pages in length and the case teaching package is 10 pages.

Abstract

This case describes efforts made by New York City officials to cope with a fiscal crisis in 1974. By focusing on city officials' decisions not to disclose certain information about the true state of the city's finances, it raises important questions about political deception. It also discusses the role of bank executives in this process. The ethical significance of seemingly technical activities such as accounting is illustrated.

Key Words

ethics, ethical significance, political deception, disclosure, nondisclosure

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