Saturday, June 17, 2006

Thanks for the Ethics classes showed us how to cheat.
Last fall, Bentley College management professor Tony Buono taught a class on corporate scandals with colleagues pitching in from finance, accounting and even the philosophy department. The four picked through the cases of Enron, WorldCom, Tyco and Shell.

At the end of the semester, the number of students in a simulated trading room who were caught in misconduct or misusing information for insider trading was significantly higher than at the beginning. The students said, "You taught us how to do it," Buono recalled.

"For those of us who've spent our careers teaching this, it's been a disappointing time," said Buono.
Buono, the Bentley professor, suspects the students in his class who got caught misbehaving in the mock trading room considered it a game.

"We're trying to tell the students there is no reset button in real life," he said.


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