See No Evil: Uncovering the Truth Behind the Financial Crisis
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McCarthy was running the company for the entire period, and the junior member of the board, Peter G. Leemputte, became a director in If neither Mr.
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McCarthy nor any board members had any inkling of what was going on, they were not doing a very good job, to say the least. But the message received by corporate executives may be very different from the one the government thinks it was sending:. If a boss can preserve his deniability about crimes committed by his company — perhaps by showing little curiosity about just how the profits are being earned when he is taking in millions from cashing in stock options — then he can escape being held accountable if the crimes are eventually uncovered.
See No Evil: Uncovering The Truth Behind The Financial Crisis
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See No Evil
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