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To: chomolungma who wrote (10250)	3/5/2002 12:58:49 PM
From: Sun Tzu	Read Replies (2) \| Respond to of 10921

> Being incompetent is not a crime. Are you sure? If an air traffic controller pays more attention to sports paper and planes collide or if a patient goes for a routine plastic nose surgery to a highly educated doctor and dies on the table or if a bad driver causes a non fatal accident (I can go on but you get my point) then these people will be taken to court to explain their actions. Why should it be any different for corporate executives? ST

To: chomolungma who wrote (10250)	3/6/2002 8:58:23 AM
From: Katherine Derbyshire	Read Replies (1) \| Respond to of 10921

>>The fact that Enron had too much debt and took risks with that debt is appalling, but I don't know of any laws that prohibit it. << Well, there is the little matter of having Enron executives manage both sides of those partnerships. Clear conflict of interest, especially given that the executives got more financial benefits out of it than Enron did. And given that the accounting construct turned out to not actually take risk off the Enron balance sheet, the whole mess also starts to look like a deliberate attempt to deceive Enron's shareholders. Hmmmm.... Deliberately deceiving shareholders in order to enrich individual executives at the expense of the company they supposedly work for. If that isn't illegal, it should be. Katherine