Part 1: During the most recent economic crisis in the state of Arizona, home values decreased dramatically and homeowners began walking away from their homes in large numbers. This was largely due to the fact that they owned more on the home than it was worth and in many cases they could no longer afford to make the payments. Financial institutions foreclosed on large numbers of homes and forced the owners to leave. As they left their real property homeowners ofter stripped the home of anything valuable they could remove. Homeowners took appliances, window coverings, light fixtures, ceiling fans, water heaters, rugs and carpets,plumbing fixtures (toilets, sinks, showers, bathtubs etc.) electrical wiring, doors, cabinets and sometimes even windows and outdoor plants from property they no longer owned. Given the understanding that many of these things qualify as "fixtures" that are attached and should remain with real property (the home), discuss in an original post whether or not you think their decision to remove these items is ethical (or even legal?) How do you think some of these people justified taking these items? Do you agree or disagree with that reasoning? Should the financial institutions have pursued legal action against these people? Part 2: Recently Martin Shkreli (Pharma Bro on social media) a former pharmaceutical CEO was convicted of securities fraud in the State of New York. Many claim that it was really his personality that people did not like and that he did nothing wrong. Read this article from the Chicago TribuneLinks to an external site. and watch this CNBCLinks to an external site. video interview with Martin Shkreli included with the article about the case and discuss with your classmates in an original post your opinion of the case. What do you think about his decision to dramatically raise the price of a drug used to treat HIV? Is he a "pariah" or just a good businessman? What do you think about the claims he was running a Ponzi scheme? Do you think if he had not raised the price of the drug, the securities allegations may never have been made? After all, there are investors who made money through his company..

1. Part 1: During the most recent economic crisis in the state of Arizona, home values decreased
dramatically and homeowners began walking away from their homes in large numbers. This was
largely due to the fact that they owned more on the home than it was worth and in many cases
they could no longer afford to make the payments. Financial institutions foreclosed on large
numbers of homes and forced the owners to leave. As they left their real property homeowners
ofter stripped the home of anything valuable they could remove. Homeowners took appliances,
window coverings, light fixtures, ceiling fans, water heaters, rugs and carpets,plumbing fixtures
(toilets, sinks, showers, bathtubs etc.) electrical wiring, doors, cabinets and sometimes even
windows and outdoor plants from property they no longer owned.
Given the understanding that many of these things qualify as "fixtures" that are attached and
should remain with real property (the home), discuss in an original post whether or not you think
their decision to remove these items is ethical (or even legal?) How do you think some of these
people justified taking these items? Do you agree or disagree with that reasoning? Should the
financial institutions have pursued legal action against these people?
Part 2:
Recently Martin Shkreli (Pharma Bro on social media) a former pharmaceutical CEO was
convicted of securities fraud in the State of New York. Many claim that it was really his
personality that people did not like and that he did nothing wrong. Read this article from the
Chicago TribuneLinks to an external site. and watch this CNBCLinks to an external site. video
interview with Martin Shkreli included with the article about the case and discuss with your
classmates in an original post your opinion of the case. What do you think about his decision to
dramatically raise the price of a drug used to treat HIV? Is he a "pariah" or just a good
businessman? What do you think about the claims he was running a Ponzi scheme? Do you
think if he had not raised the price of the drug, the securities allegations may never have been
made? After all, there are investors who made money through his company.