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Putting aside Judicial nominations and steroids
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Originally posted by Hank Chinaski
The thing I don't get with Worldcom or Enron or all them is that it seems the wrong people got blamed for the losses. We should expect CEOs to be greedy, we should expect outside accountants and lawyers to bend to greed and let the CEOs wreck the companies, but those companies all had big in house accounting and legal departments- those people had a duty to the shareholders to watch and protect and prevent- anybody know if the inhouse guys are in prison?
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If you expect the CEO to blew off his duty to the shareholders in the name of greed, why would you expect his inside lawyers to stand up to him?
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“It was fortunate that so few men acted according to moral principle, because it was so easy to get principles wrong, and a determined person acting on mistaken principles could really do some damage." - Larissa MacFarquhar
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