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The Managers of Lehman Brothers,whose Bankruptcy Helped Propel the 2008-2009

question 67

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The managers of Lehman Brothers,whose bankruptcy helped propel the 2008-2009 financial crisis,used loopholes in to hide billions of dollars of worthless assets in its balance sheet to disguise its poor financial condition.What approach to social responsibility was Lehman Bothers employing?


Definitions:

Unconscious Desires

Wishes or wants that reside within the unconscious mind, often influencing behavior without the individual's aware recognition.

Behavioral Contracting

A therapy technique involving a written agreement between a therapist and client to modify the client's behavior.

Classical Conditioning

A learning process in which a natural response to a certain stimulus becomes triggered by a previously neutral stimulus after repeated pairings.

Token Economy

A behavior modification system that uses tokens as a form of reinforcement for desirable behaviors, which can later be exchanged for rewards.

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