#7966
Cheryl WallaceCheryl Wallace
Participant

If anyone is interested in more about Enron – the smartest guys in the room documentary. The issues permeated throughout the entire system from Enron Board / management even employees to the auditors. There was so much collusion and no one with a loud enough voice to topple the apple cart. The complexity (by design) of the reporting and subsidiaries made it almost impossible for the board to have proper oversight. That should have been a red flag in itself. likely the board members were making money from the stocks so they didn’t feel a need to make waves. Sorry I missed this thread when I posted my responses. I will make sure I watch for this on the next one so it is easier to read each other’s responses!

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