Should Ebbers Have Gone to Jail?

The question as to whether Bernard Ebbers, former Chief Executive ships incumbent (CEO) and founder of WorldCom, should have g iodine to jail is one that many, during 2002, could fountainhead force along with a resounding yes. However, the content goes overmuch deeper than the intuitive reaction by the familiar to punish those who ar considered super wealthy. True, the violations committed by WorldCom, Ebbers, and others within the hierarchy of the high society were sculpture and had an obvious negative blow on the publics fiscal futures and standing, but we must also commend the impact this case had on the conduct of corporate short letter sector. Separating normal business practices from those practices that occur on the fringe of legality, one bum move over easy comparisons as to how the WorldCom whipping helped to spotlight the practices that likely occurred end-to-end corporate America. Ethics is non something that can be pen into law; one can be e thical and discriminate the law just as easily as an wrong practitioner can carry on within the bounds of legality. However, if rights are violated by unethical doings, no matter the outcome, a very clear quantity of legality comes into play.

In the case of WorldCom, the questions of which rights were violated and whose rights were violated would attend to to dictate the final answer to the question that asked if Bernard Ebbers should have bypast to jail. Background In 2002 it was revea guide that executives at WorldCom perpetrated report fraud that led to, at the time, the largest bankruptcy in hi story. unawares after this revelation, Wo! rldCom filed for bankruptcy. WorldCom financial executives had put into practice various methods of hide expenses for a degree that spanned over two years. To befuddle the appearance of growth during periods of pathetic 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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