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Non-Tech : The ENRON Scandal -- Ignore unavailable to you. Want to Upgrade?

To: Mephisto who wrote (1444)	1/29/2002 1:40:08 AM
From: Raymond Duray	Read Replies (1) \| Respond to of 5185

What if Duncan decided to talk? He gave about 4.5 hours of testimony to the staff of the House Governmental Affairs Committee before the hearings. They've heard quite a bit from him. The Fifth Amendment pleading was just a kabuki dance last week, in anticipation of litigation. Duncan is the designated scapegoat for Arthur Anderson. He will most likely be smart enough to know that he must play his role. He appears to be the sort who will. The result, should he decide to "give it up" to the plaintiffs in the civil suits is that he will be terminated with extreme prejudice. He knows this. He values his life and knows that he's likely to see some big fines and some minor time should a criminal case be raised. He knows the stakes and isn't about to do something stupid that would result in his suicide. The problem with Baxter, OTOH, was that the guy actually had a conscience. Something that doesn't trouble Mr. Duncan. It was the conscience that did in Baxter.