Enron, Wells Fargo, Baylor, and Pen State
In recent years, scandals have flooded media headlines. Corporate scandals usually
begin when decent leaders face untenable situations (Carucci, 2016). In this paper, we will look
at the similarities between Enron, Wells Fargo, Baylor and Penn State. One of the major
similarities between these four scandals was greed.
Ethical blind spots exist when you want to make the right decision, but you allow
external pressures to get in the way (Mintz, 2014). Wells Fargo claimed that they had fired
roughly 5000 employees and thought that was enough to stop the fraud being committed
(McLean, 2017). By admitting they fired employees, senior management inadvertently
acknowledges that they knew fraud was taking place. Instead of looking at why employees
