Choose one topic from this list.

• Bernie Madoff - Ponzi scheme
• Bre-X - falsified mineral discovery
• Compass Group - bribed the United Nations to get business
• Conrad Black - hidden executive compensation in the range of $200 million
• Enron - directors and executives fraudulently concealed large losses in Enron's projects
• Exxon - over-reporting oil reserves
• Fannie Mae - under-reporting profit
• Halliburton Company - overcharging on government contracts
• Lance Armstrong - doping charges
• Maple Leaf Foods - Listeria outbreak
• Martha Stewart - insider trading
• Nike - sweatshops
• Nortel - accounting irregularities
• Parmalat SpA - questionable accounting practices
• Scott Thompson - Yahoo executive lies about his credentials
• Swissair - miscalculated expansion
• Tyco International - executives steal from company
• WorldCom (now MCI, Inc.) - misrepresented profits
• Xerox - alleged accounting irregularities involving auditor KPMG

After Choosing 1 Answer Following Questions

1. Determine the facts of the situation. (Background information about the company or issue in question)
2. Identify the ethical circumstances. (Describe the scandal, the issues, and the important stakeholders)
3. Identify the values related to the situation. Find out what the responsibilities and obligations were for everyone involved.
4. Identify the action taken and the consequences of those actions. How did those actions affect the company and/or the industry?
5. Specify the alternative courses of action that could have been taken and evaluate them, applying your personal code of ethics or your organization's code of ethics to the situation.
6. Describe the consequences of the alternative courses of action you specified.
7. If you were personally involved in this case/issue, what decision would you have made and what action would you have taken? Choose one of the alternative courses of action you identified and explain why you chose this one to deal with the situation.