Enron: They're not Crooks...

I've had this blog for about five months and the one thing I can tell you is that no one reads this thing. But the one long diatribe I had about Enron I got comments on, and from some securities lawyer who thought he was right. Although, I had to concede some point Enron is not wholly innocent, I still maintain that technically Skilling and Lay did nothing explicitly wrong. Further, Fastow's "crimes" have been over exaggerated and his prison term was excessive.

Either way, don't take it from me, read what Malcolm Gladwell has to say in the New Yorker.

http://www.newyorker.com/fact/content/articles/070108fa_fact

I heard a rumor that he may be writing a book on the subject. more will follow if you comment.