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To: willcousa who wrote (10271)	3/6/2002 10:16:43 AM
From: Kirk ©	Read Replies (1) \| Respond to of 10921

I see a situation where Skilling came into the CEO role from operations, quickly got a smell of something rotten, made sure he didn't get involved and got out of there in six months. This would make everything I have heard him say true. Any thoughts? IF you see a crime in progress and do nothing other than make sure you yourself get your booty out but don't notify the police, are you guilty of a crime? Lets say a gunman takes a 7-11 with 10 people inside. Thinking quickly, you give the man your Rolex if he lets you go and the criminal, not thinking, agrees.... You then walk out and go your merry way and everyone inside is shot. Would you be guilty of a crime of not calling the police after you got away??? If you had called the police, perhaps a sharpshooter would have taken out the gunman and saved everyone? Hmmm...

To: willcousa who wrote (10271)	3/6/2002 12:03:01 PM
From: Ian@SI	Read Replies (1) \| Respond to of 10921

Wil, From the testimony, I had the impression that Skilling was in the direct chain of command during the crucial events leading to Enron's inevitable bankruptcy. I think it's equally plausible that the Officers saw bankruptcy on the horizon, or at least, deteriorating performance. ... and that they came up with a scheme to make themselves filthy rich and get away with it. I still think that several of them will do jail time, including Skilling. He strikes me as someone with a much sharper memory for the events than his testimony has shown thus far. If Watkins testimony is to be believed, then Skilling's reputation within ENRNQ (formerly ENE) stunk. Neither Ethics nor Integrity were cherished values. And I believe that existing law compels anyone with knowledge of accounting fraud to report that to the SEC. On that count, Watkins may well be at risk of being charged. FWIW, Ian

To: willcousa who wrote (10271)	3/6/2002 6:54:29 PM
From: Katherine Derbyshire	Read Replies (1) \| Respond to of 10921

>>I see a situation where Skilling came into the CEO role from operations, quickly got a smell of something rotten, made sure he didn't get involved and got out of there in six months. This would make everything I have heard him say true. Any thoughts? << Makes perfect sense for anyone except the CEO. The CEO's job is to fix things that smell rotten before they take the entire company down, not to wash his hands and look the other way. The buck stops here and all that stuff. Katherine