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In today’s show Lorraine Chilvers discusses the foundations of ethics in business from her real-life experiences of 20 years inside Fortune 500 companies.  She discusses her experiences as an executive of WorldCom leading a significant portion of the company’s financial restatement, the largest fraud and bankruptcy in the world. She discusses the foundations of ethics. . . and breaks it down into a framework of three components: “the Law”; “moral standards” and “appropriate behavior”, evaluating each one in turn.  She uses as the basis for this discussion presentations as a guest lecturer to leading universities, including Emory University’s Goizueta Business School.  Some of the anecdotes may surprise you!  Listen in as the host of CFOradio, Lorraine Chilvers, discusses some of the world’s worst examples of leadership and how such forms of leadership can be successful.