This is a paper on issue of ethics in mental health training. No specific paper on this topic nor on the ethics of medical teaching could be found in the literature. The authors consider the topic as important and timely. The discussion follows the principles of the Hippocratic Oath, the modern principles of informed consent and of social equity. These principles are focal points in an examinaiton of the roles of clinician, teacher, patient, and student, and their complex relationships.