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A Lesson from Warren Buffet about Ethical Blind Spots

Harvard Business Review

The data seem clear on David Sokol's conflict of interest in the Berkshire/Lubrizol deal. The far more interesting question from our standpoint is why Warren Buffett, known for his embrace of ethical business practices, failed to understand the unethicality of Sokol's actions when he learned of them, and intervene.

Ethics 15
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At Olympus and Goldman Sachs, Two Very Different Whistleblowers

Harvard Business Review

In 2011, Woodford was asked to lead the Japanese maker of optical equipment, first as president (in April) then as CEO (in September). The different implications arising from hard fact and harsh opinion are illustrated by two whistleblowers who have recently published books. Goldman settled within months for $550 million.

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The Big Picture of Business – Business Lessons to be Learned from the Enron Scandal

Strategy Driven

Enron did not demand enough accountability, fairness, ethics and operational autonomy from its outside auditor. There was a conflict of interest in alliance with Enron…not objective enough. Copyright 2007-2011 by StrategyDriven, Inc. The Auditing Firm Employed by Enron. ’ Lawyers. All rights reserved.