Explain inyour own wordsthe difference between a legal action and an ethical action

Please read the links below concerning Goldman Sachs’s £7 billion bonuses for their executives after £430 billion government bailout, and AIG’s $165 million bonuses after $170 billion AIG bailout and answer the questions that follow.

http://www.dailymail.co.uk/news/worldnews/article-1081624/Goldman-Sachs-ready-hand-7BILLION-salary-bonus-package--6bn-bail-out.html

http://www.nytimes.com/2009/03/15/business/15AIG.html

1. Explain inyour own wordsthe difference between a legal action and an ethical action, supply a real-life or personal example to support your explanation.

2. Given your explanation, do you think the executives giving themselves bonuses in light of their company's financial plight and the taxpayer’s bailout is ethical? If not ethical, is it legal and if you were one of the executives, can you justify deserving the bonuses