Business Ethics Quotes

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In 1961 the President intervened in a labor dispute in the steel industry with the "understanding" that the steel companies would not raise their prices after the settlement. As soon as there was a settlement prices were raised:. The President "persuaded" the steel executives to rescind the increases.


The two politicians were amazed as they learned more and more about some of industrial leaders of the country. This is the language they used in private communications.