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Non-Tech : The ENRON Scandal

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To: Raymond Duray who wrote (3722)3/28/2002 2:46:04 AM
From: Labrador  Read Replies (3) of 5185
 
Thank you for your civil response.

I understand that Berardino has only been the CEO for about a year. He was not in power when Enron, Waste Management, Global Crossing etc. took place. Ditto, with the Arizona Baptists situation.

All I am saying is maybe you are not directing your anger at the right people. Should we blame Bush for the 9/11 fiasco since it took place when he was president, or should we look at policy in prior administrations [this is not to say that anyone in this country was at fault, but did we have the right defense in position?]. I do not think that Drexel is a good example, at least at this point, since we have no conclusive proof that top management had direct involvement in the malfeasance, unlike with Drexel. Remember under Berardino, Andersen came forward and brought forth the shredding incident, hardly a sign that top management was involved or was trying to cover up the crimes.

People who are guilty must pay and will pay, but I do not think at this juncture that you can shoot this chief [Barardino], without more facts.

And your prior comment that mentions "his entire life of crime" was a step way out there. People obviously did the wrong thing at the accounting firm, but I think that you are overstepping rational bounds by saying the CEO of the company has led a life of crime.
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