Resisting Corporate Corruption: Cases in Practical Ethics From Enron Through The Financial Crisis

Synopsis

Taking A Unique Approach To Business Ethics Unlike The Typical Focus On Conceptual/legal Frameworks, This Book Features 25 Case Studies That Cover A Full Range Of Business Practices, Controls, And Ethics Issues. The New Edition Is Fully Updated With New Case Studies From The Recent Financial Crisis, Comparing It With Enron's Crossing Of Various Ethical Lines. Interpretive Essays Explore Financial Control Systems And Lessons Learned From Specific Case Studies And Circumstances. Readers Will Find A Practical Toolkit They Can Use To Identify Ethics Issues And Tackle Problems Effectively Within Corporations.--publisher's Website. Section 1: The Enron Cases. Part 1: Demolishing Financial Control, Neutering The Gatekeepers. Case Study 1 Enron Oil Trading (a): Untimely Problems From Valhalla ; Essay 1 How To Do An Ethics Case Study ; Case Study 2 Enron Oil Trading (b): The Future Of Enron Internal Audit ; Case Study 3 Enron Oil Trading (c): An Opening For Enron Audit? ; Case Study 4 Enter Mark-to-market (a): Exit Accounting Integrity? ; Case Study 5 Enter Mark-to-market (b): Accounting & The Aggressive Client ; Essay 2 Necessary Ammunition--the Economic Rationale For Financial Control. -- Part 2: Business Model Failures, Accounting Manipulations. Case Study 6 Enter Mark-to-market (c): The Disease Spreads To Enron Clean Fuels ; Case Study 7 Adjusting Toe Forward Curve In The Back Room ; Case Study 8 Enron's Spe's: A Vehicle Too Far? ; Case Study 9: Court Date Coming In California. --^ Part 3 Resisting Corruption At Enron. Case Study 10 Jeff Skilling And Ljm: The Shoot The Moon Meeting ; Case Study 11 New Counsel For Andy Fastow ; Case Study 12 Nowhere To Go With The Probability Of Ruin ; Case Study 13 Lay Back..and Say What? ; Case Study 14 Whistleblowing Before Imploding In Accounting Scandals ; Essay 3 Legacy And Lessons Of Enron: Forerunner Of The Financial Crisis? ; Essay 4 Resisting Corporate Corruption: Tactical Lessons From The Enron Cases ; Essays 5 Underappreciated Origins Of The Financial Crisis: A Personal Memoir. --^ Section 2: The Financial Crisis Cases. Part 1: Business Models Undermine Standards And Controls. Case Study 1 Should Countrywide Join The Subprime Mortgage Race To The Bottom? ; Case Study 2 Seeking A Sustainable Business Model At Goldman Sachs ; Case Study 3 Juggling Public Policy, Politics And Profits At Fannie Mae (a) ; Case Study 4 Subprime Heading South At Bear Searns Asset Management ; Case Study 5 Ratings Integrity Vs. Revenues At Moody's Investors Services. -- Part 2: Consequences For Gatekeepers And Firms. Case Study 6 Juggling Public Policy, Politics And Profits At Fannie Mae (b) ; Case Study 7 Admission Of Material Omission? Citibank's Sivs And Subprime Exposure ; Case Study 8 Facing Reputational Risk On Goldman's Abacus 2007-ac1 ; Case Study 9 Time To Drop The Hammer On Aig's Controls?. --^ Part 3: Financial Firms And Resisters. Case Study 10 Write To Rubin? - Pressure ; Case Study 11 Wean Lehman Brothers Off Rep 105? ; Case Study 12 Time To Report Moody's To The Sec? ; Case Study 13 Take Citimortgage To The Feds? ; Essay 6 Chronic Crises, Systematic Breakdowns, Emerging Resistance And The Implications For Teaching Business Ethics. Stephen V. Arbogast. Includes Bibliographical References And Index.