Posted by & filed under Part 1 Business in a Global Environment.

Description: By his own admission, Allan Jones of Cleveland, Tennessee, has had to tighten his belt. He apparently still has his two jets, his vintage Rolls, his Bentley, and the Maybach his son drives to high school when the boy’s own car is in the shop. But Jones did have to sell the 157-foot yacht, and the $25 million ranch near Jackson Hole.

Source:  CNNMoney.com

Date: 05/28/2010

Link: http://money.cnn.com/2010/05/28/magazines/fortune/broke_USA_rivlin.fortune/index.htm
 
Questions for discussion:

  • Do you believe there is anything unethical about any of these business practices?
  • Should there be any special government regulatory protection of consumers?

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