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Stanford Graduate School of Business
Stanford Business

May 2005

And the Walls Came Tumbling Down

Illustration by Frederico Jordan
ILLUSTRATION BY
FREDERICO JORDAN

“When the markets ratchet up, business ethics move to the back burner,” says Patrick J. Kuhse, a white-collar felon and former international fugitive who spoke to MBA students about his own “critical thinking errors” on his way to his first million dollars. The School’s Center for Entrepreneurial Studies and Center for Leadership Development and Research teamed up to bring Kuhse to campus to speak about his experiences. He related how after his initial business successes, he was eager to make more money faster and became involved, through a friend, in a kickback scheme with an official responsible for investing the reserves of the state of Oklahoma. They were exposed by a whistleblower who contacted a television program, and after a life on the lam that cost him his family, he eventually gave himself up and served a federal prison term.

Kuhse cautioned students against thinking they are entitled to anything and against blaming external circumstances for unethical behavior. He also warned against justifying anyone’s actions by saying “Everybody is doing it.” As you climb the corporate ladder, he added, “make sure it’s leaning against the right building.”


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