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Non-Tech : The ENRON Scandal
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To: Mephisto who started this subject6/19/2002 9:26:25 AM
From: Baldur Fjvlnisson  Read Replies (2) of 5185
 
"""Q: What changes should be imposed in boardrooms?
A [Paul Volcker]: Well, there's the Paul O'Neill view of things -- that the major way to improve matters, more important than supervision and regulation, or preaching ethics, is putting real responsibility on the CEO. Have him sign the financial statements.

If the statements prove to be a fraud, he bears the responsibility. It is a sentiment that I respect. CEOs are being paid to be responsible."""

businessweek.com.

[[[Unfortunately this link seems to have expired already. But the story was there. Regards, BF]]]
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