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A Time to Kill

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A TIME TO KILL

Ethical and legal obligations apply to all members of society. As one in society, and the obligation to act in an ethical, law abiding manner on a daily basis is vital to the integrity of daily life. Many professions have their own code of ethics. Honest reporting is not exempt from such ethical and legal standards. One’s lively hood depends on decisions made in the business world. Ethics is something that is very important to have especially in the business world. Ethics is the unwritten laws or rules defined by human nature; ethics is something people encounter as a child learning the differences between right and wrong. Griffin briefly comments on Enron as n ethical issue. He states he uses his scholarly writings to look for answers to some of those questions. In a recent commentary for the Connecticut Law Review, he used the Enron crisis to examine whether there is something wrong with legal ethics. According to Griffith, the field of legal ethics has "failed to produce a normative principle capable of constraining the conduct of business lawyers in the current corporate scandals." In 2001, Enron was the fifth largest company on the Fortune 500. Enron was also the market leader in energy production, distribution, and trading. However, Enron's unethical accounting practices have left the company in joint chapter 11 bankruptcy. This bankruptcy has caused many problems among many individuals. Enron's employees and retirees are suffering because of the bankruptcy. Wall Street and investors have taken a major downturn do to the company's unethical practices. Enron's competitors and the industry have also both been affected by the bankruptcy. The U.S. economy took a sudden downturn for the worse, do to just this one company's unethical behavior.

All levels of the criminal justice system encounter difficult moral and ethical issues on a…...

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