The Blame Game

Fast Company, April, 2002 by The Spy

I can't get the question out of my mind: Who is truly to blame for Enron? I can't help feeling that Messrs. Lay, Skilling, and Fastow, as well as the folks at Andersen, have gotten a bum rap. Fortune magazine didn't name Enron the most innovative company in the country six years running because those guys played by the rules! Truth be told, we loved those guys when they were making us a pantload o' money. It was the biggest new-economy love fest of the 1990s. The Enronites were masterminds, and their paper-shredding minions had at long last gotten in on something sexy, relieved from their normal roles as green-eyeshade-wearing dullards. All was well with the world. But then our bundles of cash disappeared as fast as a bowl of Beer Nuts at a dive bar.

Sure, I know that...

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