From the Book - First Edition.
Prologue: Managing in the gray
Part I: The struggle to criminalize. "Not...bucket-shop operators, dead-beats, and fly-by-night swindlers": pillars of the community ; "Guys...don't drop out of windows for no reason": creating the white-collar criminal
Part II: Nature or nurture? Reasoning or intuition?. "Inherently inferior organisms": bad people making bad decisions ; "I thought it was all going to pass": a press release with consequences ; "If you don't take it then you will regret it forever": the triumph of reason ; "I never once thought of the costs versus rewards": intuitive decisions ; "I never felt that I was doing anything wrong": overlooking harm ; "If there was something wrong with this transaction, wouldn't people have told me?": the difficulty of being good
Part III: The business of malfeasance. "You can't make the argument that the public was harmed by anything I did": misleading disclosure ; "Unfortunately, the world is not black and white": financial reporting fraud ; "You go from just being on top of the world": insider trading ; "I thought we were freakin' geniuses": deceptive financial structures ; "You couldn't stop because you would wreck everything": the Ponzi scheme ; "When I look back, it wasn't as if I couldn't have said no": Bernie Madoff
Conclusion: Toward greater humility.