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To: eddieww who wrote (153487)	2/26/2002 3:53:51 PM
From: marginmike	Read Replies (1) \| Respond to of 436258

skilling is fundimentally right, Enron used agresive methods to make earnings, and they may have crossed the line. However if someone proposes a product to hedge risk(derivitive) and Acoutants and lawyers say it is legal then Skilling did nothing wrong. If he failed he failed at risk management, in a way no diferent from LTCM or other debalacles when quantitative risk is mis-judged. If they can prove he bullied employees of Anderson thats a diferent story. So far Skilling is guilty of being an arogent prick, and a bad risk manager but has done nothing ileagal. One congresman tried to say banks are all liquid on call, and didnt understand the difference between iiliquidity and insolvency. Pretty pathetic. Heck Id vote for skilling over 1/2 those dopes.