Scandal 101: Lessons From Ken Lay
By Julie Schlosser

(FORTUNE Magazine) – Ethics and Management Courses FALL 2002*

CASE WESTERN RESERVE UNIVERSITY Business Ethics Part 1: The Short Road From Unbelievable Success to Unmitigated Disaster Part 2: Enron 101 "The class features a discussion of how Ken Lay became addicted to success. Students must write an ethical analysis of what went wrong at Enron using either an Aristotelian or a Kantian framework."

UNIVERSITY OF PENNSYLVANIA Ethics and Management "[The class] does not attempt to convert sinners to saints, preach absolute truths, or deter the morally vulnerable."

NEW YORK UNIVERSITY Professional Responsibility From a session called "Truth and Disclosure": "Exaggeration and bluffing are...part of the business game, but how much is too much?"

UNIVERSITY OF CALIFORNIA AT IRVINE The Enron Case "One of the classes will be a lecture by [Sherron Watkins]." The alumni network will be funding an overflow room.

NORTHEASTERN UNIVERSITY Fraud: The Dark Side of Business "Topics include legal aspects of fraud, Ponzi and pyramid schemes."

PEPPERDINE UNIVERSITY Ethics and Law for Executives "For the past ten years, 2% of students attending the three-day course have quit their jobs within seven days, citing ethical reasons."

HARVARD UNIVERSITY The Moral Leader "This course relies heavily on works of fiction, including Macbeth, The Secret Sharer, The Last Tycoon, Remains of the Day, and I Come as a Thief, to examine in-depth the practical moral issues that managers face."

UNIVERSITY OF TEXAS AT AUSTIN Management of Auditing and Control One session has been titled "Executive Compensation: Is Jail Time Necessary?" Another session delves into Anatomy of Greed: The Unshredded Truth From an Enron Insider, which was penned by a University of Texas alum.

UNIVERSITY OF MARYLAND Business Ethics (Spring 2003) "A visit to a federal prison provides a unique opportunity to speak with former-executives-turned-inmates about the serious consequences of compromising ethical standards."

*All of these are actual business school course excerpts and class highlights.