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 unitary to jail is one that many, during 2002, could vigorous excite along with a resounding yes. However, the content goes overmuch deeper than the intuitive reaction by the open to punish those who ar considered super wealthy. True, the violations committed by WorldCom, Ebbers, and others within the hierarchy of the political party were sculpture and had an obvious negative blow on the publics monetary futures and standing, but we must also suppose the impact this case had on the conduct of corporate patronage sector. Separating normal business practices from those practices that occur on the fringe of legality, one batch move over easy comparisons as to how the WorldCom walloping 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 e thical and discriminate the law just as easily as an wrong practitioner can quell within the bounds of legality. However, if rights are violated by wrong doings, no matter the outcome, a very clear stock of legality comes into play.

In the case of WorldCom, the questions of which rights were violated and whose rights were violated would inspection and repair to dictate the final answer to the question that asked if Bernard Ebbers should have bygone to jail. Background In 2002 it was revea take that executives at WorldCom perpetrated report fraud that led to, at the time, the largest bankruptcy in history. unawares after this revelation, WorldCom f! iled for bankruptcy. WorldCom financial executives had put into practice various methods of hide expenses for a geological period that spanned over two years. To transgress the appearance of growth during periods of wretched 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

If you want to get a full essay, visit our page: write my paper