CEO's hu?

How about this for ethics:

NEW YORK (AP) -- In one of the largest fraud cases resulting from the
terrorist attacks, thousands of people are accused of using ATMs to steal
$15 million from a municipal employees' credit union whose computer security
system was damaged on Sept. 11.

Sixty-six people have been arrested and 35 more were being sought in the
scheme, authorities said Monday.

District Attorney Robert Morgenthau said the suspects found a way to
repeatedly withdraw up to $500 a day from ATMs -- even if their accounts at
the Municipal Credit Union couldn't cover it.
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The problem stems from September 11, when the attack on the World Trade
Center damaged a nearby building housing the credit union's computer system.

Credit union officials soon realized they could not properly monitor the
computer network that handles automated teller transactions. But they
decided to allow withdrawals without the normal banking safeguards so they
would not offend members affected by the tragedy.

"This is a prime example of no good deed goes unpunished," Morgenthau said.
"People took advantage."

He said as many as 4,000 people manipulated the system to overdraw their
bank accounts by at least $1,000. Of that group, more than 540 credit union
members exceeded their balances by more than $5,000.

According to authorities, a 54-year-old nurse made 54 cash withdrawals from
September 18 to the end of October, leaving her with a negative balance of
$18,111.

And on it goes with no apparent end FOR YOUR ETHICS AT ANY LEVEL

MoonMan

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