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The Need for Greed - Informal essay


            The Need for Greed .
             As human beings we have a sense of desire and ambition to hold greater status than others and covet our most valuable possessions. Doing an essay on greed, I wanted to first give you the dictionary definition to get the straight facts out before I present my views on the topic. Greed is defined in Webster's Dictionary as - "An excessive desire to acquire or possess more than what one needs or deserves, especially with respect to material wealth: Many. attach to competition the stigma of selfish greed" (Henry Fawcett). Greed is a negative attribute that people carry inside; we are all guilty of committing greed even I myself have indulged in the desire for power and need. When's the last time you shared your snack with a friend or lent money to someone else? When I think of Greed, I think of money, wealth, corruption, lies, theft and sin. Greed is considered as evil, an immoral quality that corrupts us all. Greed is mostly associated with wealth; people want to be rich and will do anything and everything to achieve their selfish ambitions. Often time's greed can lead to violence and change the most common man into a violent murderer. On television and radio I hear how large financial companies become bankrupt because of greed and many investors loss all their savings put into the company. It saddens me to see large companies gain financial power by cheating people by taking their hard earned money only to gain money for themselves. Corporative greed is very common mostly dealing with the power for money and success. Some businesses use lies and cheat their earnings only to gain profits for themselves.
             Why do companies create scams to gain greater investments? Don't they know they will get caught sooner or later? Corporate greed and price-fixing affected Enron and Andersen to loss all their money and the money of their investors. Employees of Enron and Andersen changed their accounting sheets to gain greater profit earnings from people who would invest in their stocks.


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