Henry ‘Hank’ Shea was an Assistant U.S. Attorney for the District of Minnesota for almost twenty years. Between 1994 and 1998 he served as the Chief of his Office’s Economic Crime Section. He was considered one of the country’s most effective white-collar crime prosecutors. In the fall of 2006 he joined the law school of the University of St. Thomas, in Minneapolis, with an appointment as a Fellow in the Thomas Holloran Center for Ethical Leadership in the Professions. For the past few years, Shea has also been engaged in a unique collaboration with white-collar offenders, many of whom he prosecuted, to make joint ethics presentations.
Based on his many years of prosecutions and the presentations mentioned above, Shea has identified ten of the most important lessons to be learned from ethical misconduct. These lessons will be the subject of this column for the next ten installments. I have received permission from Mr. Shea to not only quote from his list but also to expand on each with my own commentary.