When the scandals of Enron, Tyco, and WorldCom were first exposed the world was in shock. The stories of these three companies are not the only tales of woe from the business world that make us wonder if the average CEO of a publicly traded company has the best interests of his shareholders in mind.

The above mentioned scandals have caused some to loose faith in the stock market. Of course there are those talking heads on TV who would tell us that there is no reason to loose faith in the market and that the scandals which have been exposed are isolated incidents. Here is the issue, with hundreds of millions of dollars on the line; do you think that the temptation to steal will ever disappear?

Of course government regulatory agencies like the SEC that monitor publicly traded companies in this country have adapted since these scandals in an effort to make sure such antics are tougher to pull off for the future would be crooks. This sort of evolution is natural but the question is how much more comfortable should it make us feel? More…