Why They Do It

By Eugene Soltes,

Book cover of Why They Do It: Inside the Mind of the White-Collar Criminal

Book description

From the financial fraudsters of Enron, to the embezzlers at Tyco, to the insider traders at McKinsey, to the Ponzi schemer Bernie Madoff, the failings of corporate titans are regular fixtures in the news. In Why They Do It, Harvard Business School professor Eugene Soltes draws from extensive personal interaction…

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Why read it?

1 author picked Why They Do It as one of their favorite books. Why do they recommend it?

The previous books I recommended are theory books written by prominent psychologists, laying out different views of the many psychological forces that can lead even the best-intentioned people to make moral mistakes. This book in many ways is a validation of those books’ theories.

Harvard Business School professor Eugene Soltes was curious about the key question: “Why do good people do bad things?” He developed relationships with many of the high-profile, white-collar criminals of the Enron-era scandals, such as Dennis Kozlowski of Tyco and Andy Fastow of Enron.

As I read these white-collar criminals’ explanations of why they had committed…

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