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New Enron corporate culture likened to Mafia
[link|http://www.forbes.com/2002/02/08/0208topnews.html|What you don't know, you can't blab]

Excerpt:

From Skilling's testimony, a system of plausible deniability seems a critical aspect of Enron controls: No one should know what the guy down the hall is doing; when anyone asks, refer them to the lawyers or the accountants. If the lawyers or accountants get curious--or, God forbid, an analyst or journalist asks the wrong questions--tell him to mind his own business.

This may be just a coincidence, but the same management technique was long favored by Mafia families: No one knows too much. No one asks questions. The boss delivers instructions cryptically and through intermediaries. If a guy gets caught red-handed, he dummies up.

While knowledge was rationed at Enron, faith was abundant. In his prepared remarks, Skilling said, "At the time I left the company, I fervently believed that Enron would continue to be successful in the future. I did not believe that the company was in any imminent financial peril."
[link|http://www.angelfire.com/ca3/marlowe/index.html|http://www.angelfir...e/index.html]
Sometimes "tolerance" is just a word for not dealing with things.
New "Even their logo was crooked"
I heard that Sherron Watkins, the alleged "whistle blower", was selling her Enron stock around the time of the problems. It is speculated that she may be charged with "insider trading" for doing such. But, she was complaining about it all being "inside info" to begin with.

Between a rock and a hard-place. Whattya gonna do? Keep your bad stock?

I have been in the middle of shady situations at smaller companies (plural). I can relate to the pressure decisions she must have been mulling around in her head.

________________
oop.ismad.com
New Speaking of crooked logos
That Sun logo is a bit creepy. Like a lavender swastika for swishy Nazis.
[link|http://www.angelfire.com/ca3/marlowe/index.html|http://www.angelfir...e/index.html]
Sometimes "tolerance" is just a word for not dealing with things.
     Enron corporate culture likened to Mafia - (marlowe) - (2)
         "Even their logo was crooked" - (tablizer) - (1)
             Speaking of crooked logos - (marlowe)

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