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Violations Individual Ethical Violations Have Term Paper

At the time, it seemed like employees had little need to worry. PGE assured its employees with sunny words that Enron was doing well, and employees saw their investment portfolios growing. They felt assured that their futures were secure. After all, in August 2000, Enron's stock was $90.56. All of that changed in 2001. The creators of Enron's house of cards were punished, but that is of little comfort to the individuals whose fates and futures were unwittingly ground under the wheels of history. They did everything right except trusting the wrong people, people who smiled and told them the stock was high, and to pay no attention to the men telling...

But no matter how harshly the perpetrators of the Enron fraud are punished, it is PGE employees will never recover what they lost.
Recently, I read of a New Jersey high school valedictorian whose acceptance to Harvard had been rescinded because of evidence she had plagiarized while a student. How could she have thought she could have gotten away with it, asked the newspapers? I knew it was arrogance -- the arrogance of assuming that because you have a little knowledge, even if it is only the knowledge of how to cheat, you are above the law and that your actions have no consequences.

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The ordinary employees had no idea that PGE had joined the fortunes and the future of every employee with what would become one of the most notorious, fraudulent companies in American business history. At the time, it seemed like employees had little need to worry. PGE assured its employees with sunny words that Enron was doing well, and employees saw their investment portfolios growing. They felt assured that their futures were secure. After all, in August 2000, Enron's stock was $90.56. All of that changed in 2001.

The creators of Enron's house of cards were punished, but that is of little comfort to the individuals whose fates and futures were unwittingly ground under the wheels of history. They did everything right except trusting the wrong people, people who smiled and told them the stock was high, and to pay no attention to the men telling lies behind the curtains of accounting shenanigans. But no matter how harshly the perpetrators of the Enron fraud are punished, it is PGE employees will never recover what they lost.

Recently, I read of a New Jersey high school valedictorian whose acceptance to Harvard had been rescinded because of evidence she had plagiarized while a student. How could she have thought she could have gotten away with it, asked the newspapers? I knew it was arrogance -- the arrogance of assuming that because you have a little knowledge, even if it is only the knowledge of how to cheat, you are above the law and that your actions have no consequences.
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