![]() ![]() The disconnect was clearly allowing sound judgment and business ethics to fly right out the window. His desire for performance and for the company to be not just the world’s leading energy company, but the world’s leading company, may have blinded him to what was going in at the trading desk, in LJM/LJM2, and perhaps in the court of moral opinion. ![]() Jeffrey Skilling’s few months at the helm of this ship may just have been enough to sink it. Interestingly enough, this motto could have been more or less a type of risk control or the first stage in a system of checks and balances that might just have helped head off this unfortunate divestiture of material and intelligent capital. Ironically, the motto of this company was, “ask why” however this is perhaps the sole question that many employees are now asking themselves and should have routinely asked in the years leading up to the firm filing bankruptcy and ultimately evaporating the wealth contained within the company as well as the ESOP and 401(k)’s of many employees. The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron is a business book that describes the Enron scandal brought down that is one of the most admired companies in the 1990s. The film titled, Enron, the Smartest Guys in the Room, is a phenomenal examination of an organization that in all likelihood started out to perform ethically but, after a modification in design and moral decision-making, it evolved into an organization based upon greed and performance no matter what cost. Download The Smartest Guys in the Room by Bethany McLean PDF eBook free. ![]()
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