The recent convictions of former Enron executives Ken Lay and Tom Skilling are merely the latest names in a spate of verdicts handed down against high-profile executives. In only the past few years, Tyco’s Dennis Kozlowski, WorldCom’s Bernie Ebbers, Adelphia’s John Rigas, and the American goddess of domesticity Martha Stewart each received legitimate jail time. But should Americans really feel confident that these verdicts and measures are anything more than window dressing? Are we really beginning to solve the problem? For William Laufer, author of Corporate Bodies and Guilty Minds, the answers are “no” and “no.”
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