Ethics in the Virtual World

One of the main reasons that I was prompted to create this blog
was because I was very concerned about the state of ethics on the Internet. I was brought to this concern by instances when I
had encountered what I considered to be fraudulent behavior
on the part of individuals claiming to be business people, but
who actually where "scam artists".

In the cases that I referred to above, I actually lost significant
sums of money. But, probably as important, if not more important
I also began to loose confidence in doing business online. So, I
had the idea that I would take up this subject in a conversation
with other people who were doing business in the virtual world. I
wanted to find out what others had experienced in this area, how
they were dealing with it and what they feel needs to be done to
limit or protect people from this type of behavior.

The reason that I have initiated this topic today is that I was
reading an article on MSN Money today. The title of the article
is:

"Why the Fed's rate cuts won't help you"

It is discussing the current activities that are taking place on
Wall Street and in the U. S. economy. These occurrences are so
timely and urgent that I thought I would open the whole subject
of ETHICS up by first talking about it in both the virtual world and the brick and mortar world.

So, if you have not done so already, you can check out the article
by following the link above. In any case, I would like to hear
your thoughts on this topic. Perhaps this open discussion can save
some readers a lot of grief by enabling them to avoid some of the
pitfalls that are out there.

Thanks very much for your participation!

P.S.

I would like to make it clear that I by no means equate what happened to
me in the scandals that were perpetrated against me, to what I consider
to be the scandals that are being perpetrated against the American tax
payers by the banking executives and other financial industry officials.