Case Study:
Read the Case ("Conflicts of Interests in Subprime Mortgages and at Enron") on pages 148 - 153 in an Introduction to Business Ethics.
Question 1- What are the responsibilities of the accountants at Arthur Andersen? To whom did they owe these responsibilities?
Question 2- Who was harmed by the insider trading of Enron executives? What harm. If any, was done to employees who were prevented from selling Enron stock in the 401 (k) accounts?
Question 3- Who, if anyone, was harmed by Andre Fastow's dual roles as Enron's CFO and as managing parent of Enron's SPEs?