4-1 Discussion: Criminal Responsibility

To complete this discussion, please base your work on Enron, WorldCom, or another white collar crime story of your choosing.

• Name the company you selected and briefly summarize the crime.
• Do you think that the CEOs and other corporate officers involved were justly held criminally responsible or not? Explain your perspective.
• Do you believe that business can regulate itself to act ethically, or is government oversight a necessity to protect the public from financial wrongdoing? Explain your position.

Respond to at least two of your peers who focused on a company other than the one you selected. Offer your own perspectives on whether the CEOs and other corporate officers involved were justly held criminally responsible or not.