The amount lost by Mr Mineta made it necessary to refinance the Global-bank business and when the board recommended a US$5 billion rights issue，some of the institutional investors demanded an extraordinary general meeting (EGM).Global-bank’s largest single shareholder，the Shalala Pension Fund，that held 12% of the shares，was furious about the losses and wanted an explanation from Mrs Keefer on why internal controls were so ineffective. When the Shalala trustees met after the losses had been reported，it was decided to write an urgent letter to Mrs Keefer expressing the trustees’ disappointment at her role in the internal control failures at Global-bank. The letter would be signed by Millau Haber， the chairman of the Shalala trustees.

Required：

1.Explain the three levels of Kohlberg‘s theory.

2.Identify the level that Mr Mineta operated at and justify your choice using evidence from the case.

3. Identify， with reasons， the stage (or ‘plane’) of Kohlberg‘s moral development most appropriate for a professional bank employee such as Mr Mineta as he undertakes his trading duties.