The Smartest Man in the Room, the Enron Story

Please think about and consider how we frame up all of our other discussions in regards to:

a) Ethical dilemmas

b) Competing values?

c) Moral and legal issues

Here are some specific questions to be able to answer:

1.LEADERSHIP

• What personality characteristics did all of the leadership share?
• How did they all measure success?

2.What was "pump and dump"?

3.How did Enron purportedly make money?

4.What was referred to by "book the profits from that idea?"

5.What deregulation occurred to open up the market opportunity for Enron? Was this good for Society?

6.What effect and responsibility did Enron have on blackouts in California?

7.What was meant by the comment, "child molesters never wash off?"

8.In what unique way did the CFO handle debt?

9.List all of the stakeholders involved which allowed the corruption to go full circle.What was the extent of each of their involvement?What should be done to prevent this in the future?

10.What happened to the whistle blower?Why were there not more and why did it happen so late in the game?

11.What conflict of interest was posed by Arthur Andersen?