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22 J. Legal Stud. Educ. v (2004-2005)

handle is hein.journals/jlse22 and id is 1 raw text is: Editor's Corner Google finally went public. Ken Lay, the former CEO and chairman of Enron, was finally indicted. Martha Stewart was sentenced to five months in prison for her cover-up of her sale of ImClone stock in advance of that company's public announcement that FDA approval would take additional time. Frank Quattrone, of Credit Suisse First Boston, was convicted for his e-mail to his staff on cleaning up their documents as the SEC and other federal agencies descended on the company. Dennis Kozlowski, the former CEO of Tyco, and once owner of a $6,000 shower curtain at company ex- pense, had a hung jury in his trial for misuse of corporate funds. Mark Belnick, Tyco's former general counsel, was acquitted of similar charges. Most of the Rigas family was convicted for its use of Adelphia funds for personal reasons. Andrew Fastow, the former CFO of Enron, and Scott Sullivan, the former CFO of WorldCom, both entered guilty pleas. And amidst all of these events, the battle over the issues related to the down- loading of music from the Internet continues in courts across the land. Peer-to-peer file sharing remains one of the technological issues that flum- moxes courts and existing statutes. The past quarter has been a remarkable one for business, both in terms of sheer volume of activity and the way law and ethics have been inextricably intertwined in all major news stories about business. Managers need to understand the law. They seem to be doing just fine on marketing, MIS, and OB. The intersections of accounting and law, finance and law, and corporate governance and law seem to be their downfalls. And intellectual property rights are at a crossroads with technological developments. This issue of the Journal offers remarkable insights into the training of those who will manage businesses. Professors Bird, Ponte, Ferrera, and Lichenstein walk us through a new means for training our students in law. They have created a fictional company that faces a variety of legal issues. They then provide the case law, the background, and the discussion to be

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