I just finished watching the movie, Enron: the Smartest Guys in the Room. It reveals a “lord of the flies” corporate culture in which the greediest, wiliest, least ethical people at the top used all their skill and power to rape a market and the people it serves, as well as their own employees. It’s an excellent movie, but it left me pretty angry and disgusted about the havoc they caused in so many lives. Of course, there was a lot of cooperation from accounting companies and banks that agreed to go along with whatever explanations Enron offered, because they gained as well.
Husband continued to watch the DVD extras, but I had to leave the room when I heard Ken Lay explain how his net worth had sunk from several hundred millions to “less than 25 million dollars.” Granted, he acknowledged other people in his company had suffered far worse, and he said it was tragic. But apparently he’s not so moved by their plight to actually accept culpability directly. The “tag line” to Enron’s ads was “ask why” — it seems this this was a question asked least often.
People who think money can do anything may very well be suspected of doing anything for money.
–Mary Pettibone Poole
Crikey
Bloody bastards
Thanks for passing that on – mongrels
where do they get off thinking they can get away with that sort of stuff
Very sad really to thnk there are those kind of human beings sharing this beautiful planet with you and I
I did hear in the past week or so that Kenneth Lay’s net worth has more recently dropped below $625k, and much of that sum is expected to be gobbled up by legal expenses. Granted, having that much money in my bank account right now sounds like an invitation to start living the high life… but the guy may wind up pretty much broke by the time the music finally stops. Interesting.