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Business Ethics - Enron

Lets change industries. Lets say we are not chatting about an industry that is dealing with tainted food, mad cow, e coli, but rather with retirement funds.

Lets say an officer at Enron starts posting comments regarding questionable business practices at his own and competing companies. Should that officer not be considered a hero? Given what happened with Enron, corporate legals should not argue as Minnow is. But we have heard the argument to often.

"Corporate Officers have a fiduciary duty to the shareholders. They should say or cause the saying of nothing that will cause the share price to drop." But what of duties to nation, customers, employees, and other citizens. Minnow is the kind of scum that needs removal from business. If just one Enron executive had started posting anonymously, all parties would have been better off.

How did so many wrong-thinkers get control of so many industries.

Posted by: mighetto   Posted on: 07/18/07 You are currently: a Guest | Members login | Terms of Use

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