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Evaluate Enrons culture. Be sure to compare and contrast with that of Fannie Mae, Bausch & Lomb, Goldman, and Krispy Kreme. As you evaluate, consider

Evaluate Enrons culture. Be sure to compare and contrast with that of Fannie Mae, Bausch & Lomb, Goldman, and Krispy Kreme. As you evaluate, consider the revelations from the testimony of David W. Delainey at the Skilling and Lay criminal trial. Mr. Delainey, the former head of Enron Energy Services. Energy Services retail unit, testified that he saw the legal and ethical issues unfold ing as he worked for Enron. When he was asked to transfer $200 million in losses from his unit to another division in order to then show a profit, he testified, That was the worst conduct I had ever been a part of and everybody knew exactly what was going on at that meeting.435 Now compare and contrast the decisions and actions of Mr. Olson and Merrill Lynch.

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