The only people that Fastow, Lay and Skilling really cared about were themselves and not the company, employees and stock holders. They were looking to get rich and trying to get away with it, with whatever methods possible. These three found a golden opportunity to score a lot of money, and there plan was to leave the company once they had cashed out. There actions affected thousands of poeple during the span of the meltdown of Enron, and in the end nobody profited from this whole situation.
I believe that Enron was run by unethical executives who were greedy. The story of Enron gives big companies like this bad names, and makes people who work hard for their money always worrying about job security. I'm sure that most big firms like this have internal problems, but not as severe as with Enron.
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I agree with Joe's comment. They all were more concerned with their own well being then with what was going to happen to other co-workers/employees. They tried to abuse their power and leave the blame on the company, when i read the book enron, seperate to the case i learned that they had tried to steal the money through other companies and made false acusassions that they were doing business and trading oil that did not exist. Enron was run by greedy people as Joe said and the only benefit i find that came from this was to show companies what happens when you are unethical, and how you will fail in the end.
I agree with Joe on the fact that Lay and Skilling only cared about themselves. They left hundreds of employees, some of which had a couple million dollars in retirement left with nothing. Those hard working people, who some have worked for 40 plus years and had nothing to show for it after the Enron meltdown. I'm happy that these men were put to justice. They were very greedy people who only thought of themselves and in the end they deserved what they got.
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