Enron: because telling lies is naughty!

Well the jury is in from the Enron case! Despite the two chief executives of the company swearing in court they knew nothing of the shady business practises which caused the collapse of Enron, the jury has found them guilty and they can each look forward to a considerable jail sentence.

Under their management Enron lost billions, but the loses were covered up whilst the board continued to collect millions in executive bonuses.

There's a chance the US government might follow up this historic court case, by bringing one of the Crows ex-CEO’s into the dock – a man so criminally useless he managed to devalue company stock from $60 a share to $10 within a week, and yet still left with a $100 million severance package – he had an expensive wife apparently!

Fortunately we’ll never see this kind of court case going on over here in the UK where we have a fine tradition of the buck not stopping here if we can help it.

After all in Britain you can lie to Parliament and send your country into a war on false pretences, and still keep you place as leader of the country … makes you proud doesn’t it?


No wonder he’s so pleased he’s auctioning off signed copies of the Hutton enquiry, which he was instrumental in rewriting (he wasn’t happy with the original ending it seems).

There is a wonderful piece covering this elsewhere in the Blogverse - check this out ...


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