Integrity in Business

Andy Frey

@AndyFrey9

There are two types of people in the world; those who live and work with integrity and those who do not. Our guest speaker in class today, Marvin Ball, told us the story of a young man who happened to have worked for the two largest Ponzi schemes in history; Bernard L. Madoff Investment Securities LLC and Stanford Financial Group. Now, while his former bosses and mentors sit behind bars for the rest of their lives he is a free man with his whole life ahead of him. The difference between him and the people now in prison is one important trait; integrity. Mr. Ball taught us another very important thing: attach your foundation to your building and not to the earth. By this he means that every person should have their own values and morals and not merely adapt those from the company that they work for. This is where the employee succeeded. When asked to do something immoral and probably illegal, he was able to stay true to his values and not make the same poor decisions that his coworkers had made. I believe that the key to remaining morally sound is to recognize early on when you are being put in a bad position. You should never do something that you know is wrong just because your boss is telling you to do it. I realize that this is not an easy task and I just hope that if I am ever put into this position that I will be able to stay true to my morals and values. I hope that the severe punishments handed to the executives at Bernard L. Madoff Investment Securities LLC and Stanford Financial Group will act as a deterrent to people contemplating breaking the law. In the end I believe that justice will always win and this combined with the idea of attaching your foundation to your building and not the earth, the world of business will become a better place.

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