A Quote by Alex Gibney
I remember when I did my Enron film, my executive producers at the time felt very strongly that I should mock the Enron executives more viciously because everybody wanted that moment.
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The only beef Enron employees have with top management is that management did not inform employees of the collapse in time to allow them to get in on the swindle. If Enron executives had shouted, "Head for the hills!" the employees might have had time to sucker other Americans into buying wildly over-inflated Enron stock. Just because your boss is a criminal doesn't make you a hero.
In the Enron scandal, whistleblower Sherron Watkins is now calling herself Enron Brokovitch. She testified Ken Lay was duped by the other executives. Oh, yeah. When is the last time you got duped and made $100 million?
The CEO of Enron, Jeffrey Skilling, married one of the Enron secretaries this week. It's amazing how romantic these Enron guys can be when they realize that wives can't be forced to testify against their husbands. Skilling said today she was the best secretary Enron had ever had. She could shred 950 words a minute. ... I guess they are on their honeymoon right now. That's going pretty well. Hey, he's used to screwing Enron employees.
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.
Before Enron, I think people were a bit more naive about the way things worked, and I think Enron pulled the curtain back on unsavoury practices that turned out to be a lot more widespread.
The not-quite-sort-of lie works here too - often an ad will announce that "Congressman Johnson voted for a bill that gave tax breaks to companies like Enron." True - although the bill allowed all companies to accelerate depreciation of copying machines. Yes, Enron benefited, but Enron also benefited from the revolution of the Earth around the sun. Hardly an argument to freeze the planet in one spot.
Before the New York Times starts running "Portraits in Grief" of former Enron employees, it's worth remembering that even after the collapse, Enron stock is still worth more than the entire Social Security "trust fund."
I happen to represent Enron here in Houston. We have many good corporate citizens here in Houston. Enron happened to have been one.
Enron had already collapsed and filed for bankruptcy protection by the beginning of 2002. But despite complaints from short sellers that corporations had used accounting gimmickry to inflate their profits, many investors thought the crisis at Enron was an isolated case.
The Houston Astros want to change the name of Enron Field where they play. I guess the Enron name could cause problems for them. Like players could steal a base and then deny it.
I think everybody is covering their [posteriors] with the Enron scandal and it was very convenient that Sept. 11 came along to deflect the fact that they should never have been in the White House in the first place. What happened in the election was completely corrupt.
Enron's president, Ken Lay, passed away last week. So, I guess even God lost money on that Enron deal. I believe the official cause of death was listed as "karma." The family asked in lieu of flowers, please send some elderly retiree's entire life savings.
I had to take over the reins of the company at a time when I did not know a thing about the business. The producers who were committed to work with my father wanted to back out because they felt I would not be able to sell their film's music the way my father did.
At this moment in history, millions of 'working dads' are desiring to do what they do not feel they have the right to do: be more devoted as a dad, less devoted as a worker. This feeling is far more ubiquitous among men executives than women executives in many areas of the world because, for instance, Asia-Pacific women executives today are more than six times as likely to not have children than men executives are. The Asia-Pacific executive man is about six times as likely to be a working dad as an executive woman is to be a working mom.
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.
Former Enron founder Ken Lay and CEO Jeffrey Skilling found guilty in the Enron case. Ken Lay is so guilty I'm surprised people aren't calling him Congressman Ken Lay. Wait 'till these guys find out in prison that insider trading has a whole new meaning.
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