Inside the Minds of White Collar Criminals

Former Enron CEO Kenneth Lay is sworn in at a Senate Commerce Committee hearing on Capitol Hill in a 2/12/2002 file photo in Washington.  Lay was convicted 5/25/2006 of all 6 counts against him.

Eugene Soltes, the Jakurski Family Associate Professor of Business Administration at Harvard Business School, discusses his book, Why They Do It: Inside the Mind of the White Collar Criminal. Soltes looks at what drives wealthy people to engage in corporate schemes and fraud. He investigates some of the largest corporate crimes in history — from Kenneth Lay at Enron, to the embezzlers at Tyco, to the Ponzi schemers Bernie Madoff and Allen Stanford.