Enron Quotes
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Many Enron employees lost 70 percent to 90 percent of their retirement assets after the company indicated that it would re-state profit reports.
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Every coach, every executive, every leader: They all know right from wrong. Even those Enron guys. When someone uncovers a scandal in their company, I don't think they can say, "I didn't know that was going on." They're just saying they're too dumb to do their job! And if they really are too dumb, then why are they getting paid millions of dollars to do it? They know what's going on.
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We've all got to work to restore business confidence...but I believe that longer term we may look at Enron as being a positive as opposed to a negative, ... It may lead to greater transparency.
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The Enron scandal continues. The U.S. Senate has announced they are going to subpoena Ken Lay and make him testify. Apparently Lay received the subpoena this morning and then, out of habit, immediately shredded it.
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Over the weekend, former Enron executives Jeffrey Skilling and Rebecca Carter married each other during a huge ceremony in Houston. The happy couple is planning to honeymoon for three weeks in front of Congress.
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The environment changed with Martha Stewart and Enron.
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I predict that in the years ahead Enron, not Sept. 11, will come to be seen as the greater turning point in U.S. society.
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Ken Lay has, does and will continue to accept responsibility for the fall of Enron. He was the man at the controls. But failure is not a crime.
