Enron was becoming a virtual cult of creativity, often placing swagger over substance. New ideas were celebrated for their newness, for their potential; tried and true businesses like the pipelines were almost derided.
—Kurt Eichenwald
It’s laziness. Some go and collect a lot of quotes and put them together and never attempt to determine whose opinion is driven by fact and knowledge.
I even found a company that provided streaming video to sites operated by minors, on condition that its president be allowed to watch the pornographic performances for free.
The magnitude of how terrifying this is cannot be overstated. These kids are being subjected to daily constant manipulation by the most talented manipulators I have ever seen.
Like most people, I gave little thought during my life to the scourge of child pornography. But, I now know we are fighting a losing battle. The predators are sophisticated in the use of computers...
A eureka moment. It suddenly struck Mintz as so obvious. The executives entrusted with reviewing all of the LJM transactions- Causey, Buy, the board- approached their duties casually, giving everything just the onceover. They seemed...
Kaminski plunged ahead. “I am not going to sign off on anything related to the Raptors,” he said. “And I don’t care if I’m fired for it.”Buy raised a hand. “Whoa, wait a minute, I...
In a market, preceptions could be as important as reality.p.403
Excuse me, Ben,” Bowen said. “Am I wrong, or aren’t you the corporate treasurer?”Glisan bristled. “Yes.””What do you mean, you think you can get one?” Bowen shot back. “This is the current fucking maturities schedule!...
…Fastow had found someone trusting and pliable.Fastow wanted a pupet, Bowen concluded, and he already controlled Ben Glisan’s strings.p.338
Enron would keep its unearned windfall, generated solely because David Duncan didn’t know what he was doing.
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