World AIDS Day Last year, for the occasion, I wrote a story about a dear friend of mine: Remembering Jeffry Michael.
Fabulous! Here's a bit of something for the first day of December. Go to this page. Type your first name. Do it now.
Alas for Enron, Enron.... Salon's Andrew Leonard: Will Bush be tarnished by Enron's collapse?
Well, it's not just that the Houston-based energy trader has been the primary bankroller of Bush's political aspirations, back to his first run for Texas governor. The current Bush administration is also studded with Enron connections. Secretary of the Army Thomas White is a former high-ranking Enron executive, and Robert Zoellick, the U.S. Trade representative, was a paid member of Enron's advisory board. The Washington consulting firm run by Lawrence Lindsey, the White House's top economic advisor, worked for Enron. And other top officials, including Karl Rove, Bush's chief political strategist and I. Lewis Libby, Vice President Dick Cheney's chief of staff, both owned huge chunks of Enron stock when they joined the Bush administration. It's also worth remembering that at the end of the first Bush administration, Enron hired chief of staff James Baker and Commerce Secretary Robert Mosbacher.
....But in any case, to look for Bush culpability is to miss the true significance of Enron's catastrophic implosion.
...But come on. What could possibly be more business as usual than high-ranking executives cashing out at the top of the market, as Lay did, while employees are left holding the bag? What could possibly be more standard practice than jiggering the books to make your numbers look good every quarter? What could possibly be more ordinary than accountants, analysts and investors ignoring what they can't understand, as long as the profits accumulate?
Motley Fool: Enron as Icarus
the thing that should define Enron is hubris. Over the last two decades, its management, from CEO Ken Lay on down, was unwilling to accept Enron's position as a regional natural gas pipeline company, and simply ignored the playbook every other company used.