[Download] "Do the Right Thing when Times are Tough (Business Leadership) (Column)" by Ethics Today ~ Book PDF Kindle ePub Free
eBook details
- Title: Do the Right Thing when Times are Tough (Business Leadership) (Column)
- Author : Ethics Today
- Release Date : January 01, 2009
- Genre: Education,Books,Professional & Technical,Religion & Spirituality,
- Pages : * pages
- Size : 55 KB
Description
Among the many tales of ethical lapses at Enron, one of the more poignant and painful episodes involved an employee meeting that happened just before the company fell to pieces in late 2001. A worker asked Ken Lay, then president of Enron, about rumors of the company's failing health. The employee wanted to know whether his job and stock holdings were safe. In his charming, fatherly way, Lay assured the man that his position was secure and that an investment in Enron was a shrewd way to plan for the future. Lay even encouraged employees to sell the rest of their portfolios and put it all in Enron. Lay himself, of course, was quietly selling his shares, cashing out before the iceberg hit.