Yesterday on "Your World" w/Neil Cavuto a few discussions were about corporate accounting scandals and their possible effect on the economy.
The most recent is an insurance company CEO under investigation (..of whom I work and will keep comments to a minimum).
These questionable dealings among larger companies and their leadership is disconcerting not just through these fraudulent activities being realized. It is more troubling these individuals were put in a position with the utmost responsibility and they chose to make illegal decisions. It hurt not just themselves and their careers but the confidence of the employees, their employees retirement-401k and other investors. For someone to knowingly roll the dice on the lives of so many is a poler opposite of the performance they were expected to bring when hired to fill their post.
Not counting the story behind the wife of Andrew Fastow, of Enron... other vicitims of this fraud are the families and especially the children of those brought on charges. Dennis Kozlowski (Tyco), Ken Lay (Enron), David Myers (WorldCom) failed their respect from employees, failed as a leader, but they also failed as fathers due to the positive role model they should have been for their children. All parents can learn a lesson from them, "Everything you do effects your children."
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