Sam Rogers explains how he would get the traders to sell all of the company's mortgage assets in a day, bringing up ethical concerns in the process. Among the concerns is that the company will be selling customers a product with no value. John Told's response shows that he cares more about the company than its customers. This is made most evident by John's justification of selling the product to customers in order to keep the company afloat.
AT&T chooses to go with YaoNet instead of Pied Piper, but Richard hasn't told his employees yet. Dinesh and Gilfoyle overhear the deal is gone. They decide not to tell the rest of the employees to keep up morale and productivity.
With Richard about to expose Gavin for his plagerized Tethics Code of Conduct, Gavin makes a public speech about how he lacked ethical judgement about his time at Hooli and that he wants to open an investigation into his time there. However, this is actually a ploy to block Pied Piper and Hooli's merger temporarily to make Richard's life a lot more difficult.