Wednesday, July 05, 2006

Hard to serve that life term now...


Just a random thought....

How different would this obit have read, say, five or six years ago?
HOUSTON - Enron Corp. founder Kenneth Lay, who was convicted of helping perpetuate one of the most sprawling business frauds in U.S. history, has died of a heart attack in Colorado. He was 64.

1 comment:

Griner said...

Interesting. What struck me watching "The Smartest Guys in the Room" the other day was that the movie seems almost to try too hard to pin everything on Lay and Skilling (although Skilling gets a lot more negative face time).

I definitely think that the two of them created a culture of greed and not asking questions when the money was pouring in. But in the end, it was the energy traders whose intense avarice (captured well in audio clips on the movie) who seemed to take control of Enron and wrap its tentacles around the public power grid.

But as Thomas Jefferson said, "“Money, not morality, is the principle of commerce." So excuse me while I go write ads telling people to get second mortgages.