Ken Lay & Enron. Bernie Madoff. Bernie Ebbers & WorldCom. What is it about CEOs that makes them uniquely capable of pulling off the most audacious & expensive kind of white collar crime?
Control Fraud Theory has the answer. Via the ever-enlightening
Bruce Schneier.
posted by scalefree
on Nov 8, 2010 -
37 comments
Can you say
fraud? Can you say it
twice? As strange as it seems, these two are related. After Kurzweil's fraud was finally revealed, the top two execs
went to jail, but there was some question about what was going to happen to the company. Well, what goes around comes around. Lernout and Hauspie bought out Kurzweil Artificial Intelligence. It seems like they picked up the corporate culture, too.
posted by Steven Den Beste
on Dec 20, 2000 -
0 comments