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Essay heading: Leadership Failures of Enron
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Social Issues |
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| Date added: |
July 1, 1997 |
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4 / 1051 |
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Essay content:
Auditors told Lay that his oil traders were manipulating earnings destroying records and gambling Enron money far beyond their means. Lay changed nothing after being warned by the auditors and in fact only encouraged Borget to keep making money by any means necessary. (Smartest) Lay's ethical shortcomings in this case include not being honest or trustworthy and facilitating the reckless gambling away of the shareholders' money...
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(Smartest) Lay's ethical shortcomings in this case include not being honest or trustworthy and facilitating the reckless gambling away of the shareholders' money.
Much later, Lay’s dishonest tendencies were brought to public attention once again in the year 2000. Lay was found to have been selling his stock in Enron from November 1 of that year...
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