Article: Task Force on Corporate Responsibility: Should the American Bar Association adopt new ethics rules?

Consider Dante's "counselors of fraud." We're told that they "used their high mental gifts for guile, and because of their higher endowment their sin is reckoned greater and their place is lower than that of thieves." There is an analogy to modern times. Lawyers cannot escape their role in giving assistance to corporate wrongdoers by hiding behind their ability to craft a clever phrase to circumvent what they know to be the right answer.1

INTRODUCTION

In a speech in front of the annual meeting of the American Bar Association's Business Law Section last summer, former U.S. Securities and Exchange Commission Chairman Harvey L. Pitt made this timely observation. The collapse of Enron ...

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