Explain in detail Jennings seven signs of ethical collapse are found in the Lehman Brothers fraud. Select at least 4 signs and give each example.

Jennings – 7 signs of ethical collapse:
1. Pressure to make the numbers
2. Fear and silence
3. Larger than life leader
4. Weak board of directors
5. Conflicts – stock option, loans, business, etc.
6. Innovation like no other (too good to be true)
7. Goodness in some areas atones for evil in other areas

Answer rating: 100% (QA)

Sign 1 Pressure to make the Numbers Falsify revenues earnings per share EPS expenses and costs manip... View the full answer