Use the Scandalous 2000’s discussion thread to revisit some of the major incidents of ethical misbehavior that impacted the financial market sector.
Events like Enron, Worldcom Bankruptcy, Tyco Scandal, Arthur Anderson, and Adelphia Controversy had tremendously negative impacts on innocent stockholders. As a result of ethical misbehavior by influential people within these organizations, it caused stock value to dwindle and retirement funds to collapse. Who were some of these individuals that behaved inappropriately? What are these companies doing today to ensure that what happened in the past won’t happen again? Would you feel comfortable investing in these companies today?