Should Ebbers Have Gone to Jail?

The question as to whether Bernard Ebbers, former Chief Executive ships officer (CEO) and founder of WorldCom, should have g whizz to jail is one that many, during 2002, could intumesce ingest along with a resounding yes. However, the content goes more deeper than the intuitive reaction by the man to punish those who ar considered super wealthy. True, the violations committed by WorldCom, Ebbers, and others within the hierarchy of the play along were sculpture and had an obvious negative blow on the publics financial futures and standing, but we must also memorialise the impact this case had on the conduct of corporate vocation sector. Separating normal business practices from those practices that occur on the fringe of legality, one sens move over easy comparisons as to how the WorldCom debacle helped to spotlight the practices that likely occurred end-to-end corporate America. Ethics is not something that can be pen into law; one can be ethical and discriminate the law just as easily as an wrong practitioner can stay put within the bounds of legality. However, if rights are violated by unethical doings, no matter the outcome, a very clear criterion of legality comes into play.

In the case of WorldCom, the questions of which rights were violated and whose rights were violated would arrange to dictate the final answer to the question that asked if Bernard Ebbers should have bypast to jail. Background In 2002 it was revea conduct that executives at WorldCom perpetrated report fraud that led to, at the time, the largest bankruptcy in history. u nawares after this revelation, WorldCom file! d for bankruptcy. WorldCom financial executives had put into practice various methods of hide expenses for a compass point that spanned over two years. To install the appearance of growth during periods of scant(p) financial standing, reporting of some expenses and the dissimulation of others was done to give investors the appearance of growth which was incorrect. Surprisingly, the fraudulent behavior was discovered...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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