Ebers character, virtue concerning external goods came into question when the margins for his investments were called. No longer concealed was the depth of leveraged business purchases utilizing the value of his stock, avoiding excess and deficiency created significant set-backs to WorldCom. Convincing the Board of Directors, in place at the time, to cover the called margins for Mr. Eber’s additional businesses, otherwise his character and bad actions would reflect publically on the overall stock value of WorldCom. The Board of Directors approved the loans covering Mr. Eber’s margins. (Romero, S., & Atlas, R. (2002, July …show more content…
Ebers lead to other company leaders’ unethical actions, attempting to cover the manipulation of money, eventually destroyed their organization, the lives of their employees, and disrupting other stakeholders and the telecommunication industry. Aristotle, the Greek philosopher believed and taught the self-indulgence actions initiate moral dilemmas and actions in those morally weak. (Ciulla, J. (2003). Morally weak individuals do not believe, nor do they see their self-indulgent actions are wrong. Moreover, their actions are explained in a manner that makes sense especially to them. Leaders whose failure of successful character, and moral ethics are unable to understand actions of self-indulgence for personal gain are wrong, these actions will inevitably destroy them, and their companies. (Patra, B. P.