William & Mary Business Law Review
Abstract
Why do we believe flim-flam artists so readily, especially in the business and commercial realm? This Article explores four reallife versions of “The Emperor’s New Clothes” fable—FTX, WeWork, Theranos, and a former bankruptcy judge’s hidden romance— and asks why people bought into the hype. Where were the warning signs, and how might we better spot those signs in the future?
Repository Citation
Nancy B. Rapoport, Failing to See What's in Front of Our Eyes: The Effect of Cognitive Errors on Corporate Scandals, 16 Wm. & Mary Bus. L. Rev. 45 (2024), https://scholarship.law.wm.edu/wmblr/vol16/iss1/3Included in
Business Organizations Law Commons, Legal Ethics and Professional Responsibility Commons