Enron, etc.

Pity the poor business executive. Three years of a soft economy would have been challenge enough for even the most astute, but add in arrests, indictments, investigations and even “perp walks” and it’s a wonder that more corporations haven’t closed up shop. As a recent issue of the Economist observed, “Corporate leaders are having a rotten time. They are regarded with cynicism and mistrust everywhere. In America, the bosses of big companies command only slightly more respect in public opinion polls than used-car salesmen.”

 

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