-
Derick 2022-01-15 08:01:02
The Emperor Has no Clothes
Enron, the 7th largest company in the United States, went bankrupt just a few weeks after its peak. More than 20,000 employees were unemployed. It shocked the country and became the most true portrayal of the dark side of the American dream. This incident developed the Sarbanes Oxley laws to...
-
Holden 2022-01-15 08:01:02
If you don't die, you won't die series
An Ran: The smartest person in the room
Henry Waxman
Extended Reading
Enron: The Smartest Guys in the Room quotes
-
Kenneth Lay: [Q&A session with employees] All right, we are down to questions. And I got a few up here.
[reads question from the floor]
Kenneth Lay: 'I would like to know if you are on crack, if so that would explain a lot. If not, you may want to start because it's going to be a long time before we trust you again.'
-
Jeffrey Skilling: Oh I can't help myself. You know what the difference between the state of California and Titanic? And this is being webcast, and I know I'm going to regret this - at least when the Titanic went down, the lights were on.
