THE ENRON CASES. Enron Oil Trading -- How to Do an Ethics Case Study -- How a Corporation Becomes Corrupt -- Enter Mark-to-Market -- Necessary Ammunition -- Enron's SPEs -- Court Date Coming in California? -- New Counsel for Andy Fastow -- Lay Back ... and Say What? -- Whistleblowing Before Imploding in Accounting Scandals -- Resisting Corporate Corruption -- Underappreciated Origins of the Financial Crisis - A Personal Memoir -- THE FINANCIAL CRISIS CASES. Seeking a Sustainable Business Model at Goldman Sachs -- He's Madoff with the Money - Stop Him Now? -- Should Countrywide Join the Subprime 'Race to the Bottom?' -- Subprime Heading South at Bear Stearns Asset Management -- Ratings Integrity vs. Revenues at Moody's Investors Services -- Admission of Material Omission? Citigroup's SIVs and Subprime Exposure -- Facing Reputational Risk on Goldman's ABACUS 2007-AC1 -- Time to Drop the Hammer on AIG's Controls? -- Write to Rubin? - Pressure on Underwriting Standards at Citigroup -- Lehman Brothers Repo 105 -- Wall Street and the Crisis - Causes, Contributions and Problems to Fix -- THE POST-CRISIS CASES - REFORMS, RESISTANCE, CONTINUING REALITIES. THE DODD-FRANK ACT -- Back to the Future on Goldman Sachs Reputational Risk -- 'Take Customer Cash to Survive?' Compliance and Chaos at MF Global -- Too Big to Know What's Going on at Banamex? -- Take CitiMortgage to the Feds? -- Faking it on Diesel Emissions at VW (A)? -- Faking it on Diesel Emissions at VW (B)? -- Fake it Till You Make it at TESLA? -- Fake it Till You Make it with Patient Blood at Theranos? -- Fake it Till You Cash Out?' on Flexible Office Space at WeWork? -- What to Do About Faking it at Nikola? -- 'And the Young Shall be Thrown Under the Bus' - Lessons in Resisting Unethical Conduct from Enron Through the Financial Crisis -- Resisting Corporate Corruption, 2022 -- A Note on Blogs and Law Firms -- A Note on Sources -- Index -- The Financial Crisis Cases -- The Post-Financial Crisis Cases

Resisting Corporate Corruption teaches business ethics in a manner very different from the philosophical and legal frameworks that dominate graduate schools. The book offers twenty-seven case studies and eight essays that cover a full range of business practices, controls, and ethics issues. The essays discuss the nature of sound financial controls, root causes of the Financial Crisis, contemporary ethics challenges like 'Fake it Till You Make It,' and the evolving nature of whistleblower protections. The cases are framed to instruct students in early identification of ethics problems and how to work such issues within corporate organizations. They also provide would-be whistleblowers with instruction on the challenges they'd face, plus information on the legal protections, and outside supports available should they embark on that course. Some of the cases illustrate how 'The Young are the Most Vulnerable,' i.e. short-service employees are most at risk of being sacrificed by an unethical firm. Other cases show the ethical dilemmas facing well-known CEOs and the alternatives they can employ to better combine ethical conduct and sound business strategy. Through these case studies, students should emerge with a practical toolkit that will help them to follow their moral compass. Finally, the cases provide an in-depth look at how a corporation becomes progressively corrupted (Enron), how the Financial Crisis was rooted in ethical decay at institutions as diverse as Countrywide, Goldman Sacks, Citigroup, and Moody's, and at the ethical challenges that have emerged in the post-crisis, post-Dodd-Frank environment at firms like TESLA, VW, Theranos and WeWork.

Includes bibliographical references and indexes.

Description based on online resource; title from digital title page (viewed on October 21, 2022).

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