Message #20825

[superninjaadmin]

Film at 11:00.    (Just joking, here).  But, seriously, I think that a lot of the details have not come out to press, yet, so I don't want to start pointing fingers when it comes to President Bush and his administration's involvement, and I don't want to say their hands are dirty in this mess.  I personally don't think they are.  But, when you have big companies like Enron giving a lot of money to both the Republican and Democratic parties, it's just like any other big company making those types of donations.  Andrea, I've seen the American's version of the "news" and I've seen the "other side of the story" from outside the U.S.  It's very interesting to see the slant that's put on both sides.  They only tell you what they want you to hear.  I don't completely trust the press, whether it's coming from inside or outside the United States.  Both have their own twist!  Somewhere in the middle is the real story.  

Regarding Enron:  If you ask me, (from the news I've heard so far) the mucky-mucks on the executive floors of Enron are to blame for all of the downfall.  They knew exactly what was going on, made some bad decisions, behaved unethically, and I hope they pay for it.  They were a client of Aurthur Anderson, and with the corporate politics and multi millions of dollars at stake, Enron asked Aurthur Anderson to play "creative accounting" with Enron's books.  That's not to say that Aurthur Anderson is innocent in this dirty scheme.  They were probably gambling by playing the political Russian roulette game, and ended up getting into mud that was too deep and hoping they could take a risk with these balance sheets and numbers.  The big boys (and girls) at Aurthur Anderson stepped over the line ethically and morally trying to protect their client.  They were wrong, and they should have said something long before $H!+ started to hit the fan.  They should have stood their moral ground and said "no" we won't cook your books.  But, you know how corporate politics goes.  There is probably a lot of incestuous behavior going on between those two companies....

I might be a little premature in saying this, but I hope that the top brass at Enron and at Aurthur Anderson end up sharing prison cells for the next 20 years for the mess they've created!  Can you imagine the ripple effect this one incident is creating in our already shakey-ground US economy?  Trust me, the innocent employees of Enron and Aurthur aren't the only victims here.  All of us will be feeling the tremors from the Enron collapse for a long time to come.  Hopefully those other big companies in somewhat similar circumstances out there will get the message and won't get into this sort of mess!