One Example of Why It Pays to Be Responsible - Guidant

If this turns out to be true, it shows an example of how doing the right thing was not done. It saved money then, but it is likely to be more costly once the investigation is over.

Guidant apparently was going to notify doctors of defects with their heart devices, but didn't do so. Apparently, seven patients died as a result of using the defective devices.

I haven't even mentioned Enron as THE example of why irresponsibility and lack of ethics is bad for business (and personal lives).