Re: Except for Lay, most of the heavy lifting has already been done.
I guess I don't see it that way. So far, Enron has spent about $1 Billion defending itself, with money that should have gone to restitution to the victims of the fraud instead ending up in the pockets of agents of great malefaction, to pursue Teddy Roosevelt's description.
It's as if this class of crass corporate criminals know no bounds to their excesses of greed.
While the Fastows may have been brought to heel, I remain completely unsatisfied with the government's handling of the cases against Lay, Skilling and Enron as a corporate entity.
In a just world, Enron would not exist today. It would have been parted out and handed over to the creditors. Yet, it remains a going concern whose main business appears to be the feeding and nurturing of malevolent agents.
And the inability to prosecute Skilling and Lay on obvious "common fraud" is beyond my comprehension. The presumption of innocence in the case of these two is preposterous and makes the U.S. "justice" system appear to be a complete travesty of justice in view of the excessive zeal of prosecutors to attack a celebrity like Martha Stewart over a trifling $45,000 disputed transaction, while being willfully obtuse about prosecuting two men and a corporation who were responsible for billions of dollars of losses to the public and to the loyal employees of the Enron Corporation.
It's a mad world of injustice we live in. As documentary film-maker, Errol Morris, stated at the Academy Awards, we seem to be living in a society that we should fear "is going down a rabbit hole". |
