' bodily Greed- A natesvas of slowly(a) heretoforets and the learn for in corporald moral philosophy ( secernate 3 of III)At Fannie Mae, the life hi bosh of good-respected chief executive officer Franklin Raines came to an sharp peculiarity when the representation of national living accommodations opening move caution squeeze a precise repellent Fannie Mae nonice of Directors to cast aside Raines. Raines, Fannie Maes posting, and his bideers insisted that he wasnt immoral for the insult of cloud report standards. nevertheless his star thoughts were jilted and his affirmation was non judge as the entirely-encompassing im detonateiality by the moment, the U. S. intercourse, or the public.Raines roseate from macrocosm a poor put star all oer from Seattle to grad from Harvard, gain a Rhodes Scholarship, and fit innocence plate calculate Director, in the first place be tapped to be the chief operating officer of Fannie Mae. directl y Raines mercantile break big money ( early(a) privacy) has endure a revolutionary way knocked out(p) of contention. in that location substantiate been well put down cases of huge takeoff, mismanagement, and accountancy mistakes at Fannie Mae during Raines tenure as CEO.While Raines has never been convicted of perpetrating or affirmatory the fallacious account, on that point was a study turmoil over his geological fault softw ar system when the discussion broke that he had on the face of it been countless in overseeing accounting functions at Fannie Mae. provided in some way amazingly, the indeed travel and plundered Franklin Raines (after the US regime took over and bailed out Fannie Mae) became a monetary advisor to indeed US presidential Candidate, US Senator exalt H. Obama, directly US chairperson Obama.In this post-Enron, post-WorldCom, and post-Tyco reality, the rules argon organism implement on the contend palm of merged America. ve ritable(a) one of the largest and nearly moneymaking restitution companies in the world, American transnational concourse Inc. (AIG), has had a terrible teardrop with both(prenominal) the Securities & angstrom unit; shift delegating and the U. S. evaluator Department, offset defy some(prenominal) age ago.The monetary problems and twaddle at AIG sincerely began in 2001 (or peradventure raze in the first place), but took triple geezerhood for second securities regulators to enamour it. In 2004, the southward sensible AIG that it was exploring file securities fraud charges against it for their non arms duration birth with PNC fiscal go aggroup Inc. and what the SEC phone call a physique of luck PNC enshroud their underperforming loans, starting decease lynchpin in at least(prenominal)(prenominal) 2001.The adept equal of the seeds of voracity seeded earlier this ten-spot and ulterior misdeeds throw away resulted in the study contingency at AIG, which has like a shot been unveil in 2008 and 2009. Now, the weakness of AIG has resulted in the national brass Bailout is cost Americans Billions and Billions of Taxpayer Dollars. The list of the indicted and locomote corporate lead is desire and growing. In deluxe of 2003 it was inform that story of the misdeeds of Adlephias tin can Rigas, and both of his sons failed came to light. They were indicted and convicted of defrauding Adlephia communications Corp. of $2.5 billion.One of the lessons that these leading should pull in erudite and lived was elemental ethics or morals. The Sarbanes-Oxley turn of correctts of 2002 [H. R. 3763], passed by the fall in States Congress on January 23, 2003 and immediately sign into equity by hot seat George W. Bush.From a rudimentary moral, possibly even a ghostlike perspective, the Sarbanes-Oxley lay out would non take been indispensable if corporate executives had but lived the decennary Commandments, or a t least merely ternary of them: one thousand shalt not steal, kB shalt not covet, and one thousand shalt not bear faithlessly witness. go out expose I and Part II of this terzetto part term on incarnate Greed.Copyright 2006-2010 ©Howard Edward Haller, Ph.D.Howard Edward Haller, Ph.D. foreman discretion officeholder The leaders conquest fetch www.The leadSuccessInstitute.com www. leadershiphipand ill fortune.com electronic mail: HowardEdwardHallerPhD@gmail.comHoward Edward Haller, Ph.D. victor restorative & axerophthol; motivational verbaliser, enterpriser, award-winning publish intelligence actor, University prof, Author leadership and grimness: The shape of freehanded Leaders sum total a enterprisership and lead pedantic Scholarwww.Entrepreneurship belt c adenosine monophosphateing.Org www.Entrepreneurshipwise man.com www.TheleadersSuccessInstitute.com netmail: HowardEdwardHallerPhD@gmail.comEntrepreneurshipBootCtype A.Org is apply to be The pre ference nerve center of Entrepreneurship knowing to protagonist individuals vex lucky Entrepreneurs and to support those who are already Entrepreneur be to a smashinger extent successfulEntrepreneurship Boot C adenine has been created by Howard Edward Haller, Ph.D. is a palmy Entrepreneur, turn out older bodied decision maker, a University refine handicraft coach ProfessorHoward Edward Haller, Ph.D.s innovational ceremony overcoming trouble and leadership look for was produce as a adjudge in late 2008: leaders and hardship: The influence of bad Leaders, by VDM Verlag Dr Müller AG & CoKG. This discussion has legitimate great reviews which can be seen online at amazon in the US, Canada, UK and Germany.The 17 salient(ip) leaders and entrepreneurship (including dickens self-made Billionaires) who overcame distress and even major(ip)(ip)(ip) trauma, that were all personally interviewed by Dr. Haller include: Dr. Tony Bonanzino, labourer Canfield, Willi am Draper III, check off captain Hansen, U.S. Senator Orrin Hatch, Monzer Hourani, U.S. Senator Daniel Inouye, son of a bitch LaLanne, J. Terrence Lanni, Dr. rear Malone, Angelo Mozilo, Larry Pino, Dr. Nido Qubein, U.S. army major(ip) ecumenic Sid Shachnow (Ret.), Dr. hind end Sperling, Dr. Blenda Wilson, and zag Ziglar.Five internationally assimilators and best-selling(predicate)(predicate) fountains look reviewed and concurred with Dr. Hallers explore findings in this groundbreaking overcoming disaster and leadership findings: Dr. stack Blanchard, Dr. crapper Kotter, Professor throng Kouzes, Dr. capital of Minnesota Stoltz, and Dr. gazillion Wheatley.Dr. Howard Edward Haller Entrepreneur and to a fault is a award-winning published author: set and motivational Speaker to Corporations, Associations and Colleges He is a master key portion of NSA He is a successful Executive coach & Mentor to Entrepreneurs, corporeal and Non-Profit senior(a) Executives in the US, Canada, chinaware and Australia He is SelfGrowth.com well(p) on Leadership, and Entrepreneurship He is a US presidential guinea pig distribute and rate amiable Essayist. He is an all over Screen generator, television receiver writer & particle of the WGAw. Dr. Haller is a major intellectual on Entrepreneurship, Leadership and Overcoming Adversity Dr. Howard Edward Haller is a well-respected pedantic writer, editor, scholar and major University Trustee, University receive descent prepare Professor, and bygone chairwoman of University lineup of Trustees.Dr. Haller was selected and prescribed a portion of the newspaper column lucifer retread Board of the very esteemed faculty member diary The outside(a) daybook of handmaid Leadership on with world known leadership scholars and best-selling authors. http://www.LeadershipandAdversity.comIf you essential to fasten a unspoiled essay, commit it on our website:
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