The Fifty-Nine Story Crisis Case Facts A story of professional ethics and moral responsibility was publicized in an article appearing in the May 29th, 1995 issue of The New Yorker magazine. The article entitled “The Fifty-Nine Story Crisis” focuses on the ethical and moral obligations of individuals and companies involved in the construction of a skyscraper in downtown New York during 1977. In the early 1970’s, Citibank Corporation had begun to undertake the planning for a new …showed first 75 words of 1194 total…

…showed last 75 words of 1194 total…the problem fell with the construction company and Citibank Corporation. This duty was owed to both companies’ stakeholders. Overall, all parties involved in this incident acted in accordance with the highest ethical and moral standards possible. These facts lead to the aversion of a major disaster that could have harmed thousands of people. References Beauchamp, T.L., and Bowie, N.E. Ethical Theory and Business. 5th ed. [UOP Special Edition Series]. Englewood Cliffs, NJ: Prentice-Hall, 1997.