I’m glad you enjoyed reading, and thank you for pointing out the missing link!
Kenneth Lay’s testimony was a little before my time but I had a professor who’d show it at the end of the semester years ago. I don’t know who told Lay to go the woe-is-me route but in hindsight it’s hilarious, right up there with Spencer Treadwell
You have an engaging writing style for these topics. And I really like your attention to the sourcing. It’s a very scholarly and neat way of presenting your research. I remember when the Enron scandal broke because I was working in the private sector as a database programmer at the time and the repercussions of its collapse reverberated throughout all levels of industry. I also recall Kenneth Lay testifying before Congress about how poor he now was, which became fuel for political cartoonists and late-night comedians for months afterwards. (One note, the University of Colorado, Boulder, was the only institution in the article that was missing a hyperlink.)
I vacillate between fascination and anger surrounding the entire Enron scandal, and because this is very interesting I’m fascinated (but give it 20 minutes, and I will be cursing up a storm)! Thanks!
But that’s what’s tilts my scale, Atty E., those two rotten eggs literally could never suffer the harm they inflicted (think about the silly lifer like me, who chugs along for years and thinks she has a nice little 401(k) nest egg to supplement her social security, only to wake up the day before retirement and nada, not shit, zilch, zippo).
I think you nailed why I can’t think about it for too long. Or like how much were they just scapegoats so “we” didn’t have to confront why so many other people in the process failed to protect people who relied on a just system?
Correct, because the PBGC should have known there was shit in the game each year when the Form 5500 was filed (and they were filed, timely) as well as several other agencies. And it’s the holiday season, you’re correct let’s allow this to lapse until Jan 2nd! Happy Merry, Atty E.
I’m glad you enjoyed reading, and thank you for pointing out the missing link!
Kenneth Lay’s testimony was a little before my time but I had a professor who’d show it at the end of the semester years ago. I don’t know who told Lay to go the woe-is-me route but in hindsight it’s hilarious, right up there with Spencer Treadwell
*Latrell Sprewell, apparently autocorrect hates his name
You have an engaging writing style for these topics. And I really like your attention to the sourcing. It’s a very scholarly and neat way of presenting your research. I remember when the Enron scandal broke because I was working in the private sector as a database programmer at the time and the repercussions of its collapse reverberated throughout all levels of industry. I also recall Kenneth Lay testifying before Congress about how poor he now was, which became fuel for political cartoonists and late-night comedians for months afterwards. (One note, the University of Colorado, Boulder, was the only institution in the article that was missing a hyperlink.)
I vacillate between fascination and anger surrounding the entire Enron scandal, and because this is very interesting I’m fascinated (but give it 20 minutes, and I will be cursing up a storm)! Thanks!
I feel the same way. What helps is looking at the verdict slips for Kenneth Lay and Jeffery Skilling. https://www.justice.gov/archive/index-enron.html
I appreciate that the jury underlined guilty and wrote guilty on the verdict form. As if to say ‘he is really, really guilty.’ Hah
But that’s what’s tilts my scale, Atty E., those two rotten eggs literally could never suffer the harm they inflicted (think about the silly lifer like me, who chugs along for years and thinks she has a nice little 401(k) nest egg to supplement her social security, only to wake up the day before retirement and nada, not shit, zilch, zippo).
I think you nailed why I can’t think about it for too long. Or like how much were they just scapegoats so “we” didn’t have to confront why so many other people in the process failed to protect people who relied on a just system?
Correct, because the PBGC should have known there was shit in the game each year when the Form 5500 was filed (and they were filed, timely) as well as several other agencies. And it’s the holiday season, you’re correct let’s allow this to lapse until Jan 2nd! Happy Merry, Atty E.
Same to you, Merry Christmas!