The cases of Enron and Bernard Madoff go beyond a question of ethics because in both cases ________. no harm was intended and th

Question

Valentin [98]

4 years ago

9

The cases of Enron and Bernard Madoff go beyond a question of ethics because in both cases ________. no harm was intended and th

ey had good reasons for what they did billions of dollars were involved many people were hurt laws were clearly broken

Business

2 answers:

Triss [41] · Answer 1 · 2021-11-27T14:44:48+03:00

Triss [41]4 years ago

4 0

Answer:

laws were clearly broken

Mariana [72] · Answer 2 · 2021-11-27T15:49:23+03:00

Answer:

The correct answer is letter "D": laws were clearly broken.

Explanation:

The Enron Corporation was an American energy company that filed for bankruptcy in 2001 due to audit failure. <em>Enron's Financial Statements had been manipulated</em>.

Bernard L. Madoff Investment Securities LLC, a company founded by Bernie Madoff who was the former chairman of the National Association of Securities Dealers Automated Quotations (NASDAQ), was an entity that <em>benefited from its investors' pools of money</em>. In 2009, Madoff was arrested and found guilty in 11 federal crimes.

In both cases, laws were broken.