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Essay / Research Paper Abstract
This 2.5-page paper analyzes the Enron scandal and Chris Seay's book "The Tao of Enron: Spiritual Lessons from a Fortune 500 Fallout." There are 3 sources cited.
Page Count:
3 pages (~225 words per page)
File: PG56_GPAenron.rtf
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Unformatted sample text from the term paper:
listed below. Citation styles constantly change, and these examples may not contain the most recent updates. Enron Scandal Research Compiled for The
Paper Store, Inc. by P. Giltman 8/2010 Please Recognized as the largest bankruptcy reorganization in American history, the Enron scandal
and the companys ultimate collapse has been the topic of controversy and debate for the last 10 years. Some Enron shareholders lost millions if not billions of dollars due to
the mismanagement and erroneous financial reporting of the companys top executives. Many of these executives were indicted and later imprisoned for concealing billions of dollars worth of debt from failed
deals and projects. In his work, "The Tao of Enron: Spiritual Lessons from a Fortune 500 Fallout," Chris Seay, a young Baptist pastor from Houston, Texas (where Enron was headquartered)
offers a thought-provoking look at the ethical and financial meltdown of one of the worlds largest American energy companies. However, his main focus throughout the novel is to offer more
than just an economics lesson. This essay will show how money and power can lead to greed which ultimately causes people and businesses for that matter to act dishonestly.
Using Enrons executives as a backdrop, Seay critiques the lifestyles of most Americans in which he calls Enron a "poster child for a capitalism run amok," (Crosby, 2003). Using Scripture
(remember he is a pastor) to demonstrate the need for responsible business practices, he believes that the only cure for greed is a change in ones values. People should learn
to be content with what they have rather than always seeking more, especially at the cost of others. Americans have become so caught up with material things that they simply
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