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Non-Tech : The ENRON Scandal
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To: Baldur Fjvlnisson who wrote (1488)1/29/2002 3:27:18 AM
From: Raymond Duray  Read Replies (1) of 5185
 
Baldur,

I can't agree with you.

Actually, Arthur Leavitt is a good guy in all this. He did try to do his job, but was shouted down by Congress and the lobbyists. Trent Lott and Tom DeLay were setting the agenda during most of Leavitt's term, and they were definitely corrupt jerks. Leavitt was fighting a rear-guard action with too small a staff and too little budget, designed that way by Congress.

Upon leaving Washington, Leavitt famously said "the little guy doesn't have a friend at the SEC". And that was before the horror show of bringing in Harvey Pitt, a man that I thoroughly loathe as a despicable apologist for the accountancy trade's worst instincts.

-Ray
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