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Most of the evil of the world comes about not out of evil motives, but somebody saying 'get with the program, be a team player;' this is what we saw at Enron, this is what we saw in the Nixon administration with their scandal.
I think that the failures of Enron and WorldCom and other companies are partially failures of investors to recognize companies that are selling for a thousand times nothing, but chances are they may be worth only that.
During the Enron debacle, it was workers who took the pounding, not bankers. Not only did Enron employees lose their jobs, many lost their retirement savings. That's because they were at the bottom of the investing food chain.
Are you familiar with 9/11? Building 7? You know what was in there? All the Enron stuff. I guess that building went down on its own.
You don't want another Enron? Here's your law: If a company, can't explain, in one sentence, what it does... it's illegal.
People are treating the Stewart case as seriously as Enron when it's really over trivia.
If it were not for government regulation of big corporations, executives at companies like Enron, WorldCom, Tyco, they could have cheated investors out of millions.
I'm a good learner. I can dig in. I knew nothing about mark-to-market accounting when I started the 'Enron' film.
I take full responsibility for what happened at Enron. But saying that, I know in my mind that I did nothing criminal.
Most unfortunately, Enron's plunge into bankruptcy court also cost many of its rank-and-file employees their savings.
