{"id":1267,"date":"2002-02-04T08:53:49","date_gmt":"2002-02-04T13:53:49","guid":{"rendered":"http:\/\/hill-kleerup.org\/blog\/wp\/?p=1267"},"modified":"2002-02-04T08:53:49","modified_gmt":"2002-02-04T13:53:49","slug":"enron_and_ethic","status":"publish","type":"post","link":"https:\/\/hill-kleerup.org\/blog\/2002\/02\/04\/enron_and_ethic.html","title":{"rendered":"Enron and ethics"},"content":{"rendered":"<p>Carlton Vogt, ethics columnist for InfoWorld, has some <a href=\"http:\/\/www.infoworld.com\/articles\/op\/xml\/02\/02\/01\/020201opethics.xml\">good thoughts<\/a> on the Enron scandal and how it occured.<\/p>\n<p class=\"block\">The danger in analyzing this particular scandal is that we can be misled by the obvious. There are some actions that are so egregious &#8212; the document shredding at Arthur Andersen and Enron, for example &#8212; that we may focus on them and ignore the fact that the entire system is corrupted and corrupting.<br \/>\nCertainly, we should hold individuals accountable for what they did wrong, and we probably will punish some, although many others will wiggle away, hiding behind the skirts of high-priced lawyers and political connections. But we shouldn&#8217;t lose sight of the fact that they did what they did because the current system allowed it. In fact, the system encouraged it.<br \/>\nThe system is the real culprit. The individuals involved, while still wrongdoers, were only accomplices.<\/p>\n<p>What&#8217;s been really interesting about the Enron scandal is that, aside from the White House&#8217;s tapdancing routine (leavened by Bush, at the least, expressing anger over how Enron&#8217;s employees were treated), there&#8217;s been a bipartisan hue and cry over the whole thing.<\/p>\n<p>My biggest concern is that, especially as it deals with accounting matters, the public&#8217;s eyes will soon glaze over, some show trials will let the main perps off, and we&#8217;ll just go back to business as usual.<\/p>\n<p>Which, as Enron demonstrates, is not a good thing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Carlton Vogt, ethics columnist for InfoWorld, has some good thoughts on the Enron scandal and how it occured. The danger in analyzing this particular scandal is that we can be&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12],"tags":[],"class_list":["post-1267","post","type-post","status-publish","format-standard","hentry","category-fourth-estate"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":1319,"url":"https:\/\/hill-kleerup.org\/blog\/2002\/01\/25\/some_interestin.html","url_meta":{"origin":1267,"position":0},"title":"Some interesting thoughts on Enron","author":"***Dave","date":"Fri 25-Jan-02 7:21am","format":false,"excerpt":"Peggy Noonan writes about her involvement with Enron -- and why the Republicans in particular have a special obligation to make sure that those who abuse the free market system...","rel":"","context":"In &quot;Big Business&quot;","block_context":{"text":"Big Business","link":"https:\/\/hill-kleerup.org\/blog\/category\/big-business"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1527,"url":"https:\/\/hill-kleerup.org\/blog\/2001\/12\/16\/big_money_in_gr.html","url_meta":{"origin":1267,"position":1},"title":"Big money in graphic design!","author":"***Dave","date":"Sun 16-Dec-01 8:33pm","format":false,"excerpt":"Enter the Viridian \"Design a New Logo for Enron\" contest! First prize is 100 shares of Enron stock, valued (as of the last web page update) at $87! (Via Boing...","rel":"","context":"In &quot;Potpourri&quot;","block_context":{"text":"Potpourri","link":"https:\/\/hill-kleerup.org\/blog\/category\/potpourri"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2183,"url":"https:\/\/hill-kleerup.org\/blog\/2002\/02\/22\/thats_um_an_int.html","url_meta":{"origin":1267,"position":2},"title":"That&#8217;s, um, an interesting, ah, theory","author":"***Dave","date":"Fri 22-Feb-02 9:51am","format":false,"excerpt":"Was it greed? Was it a lack of business ethics? Was it lack of regulatory oversight, or lawmakers paying back their contributors, or just a sign of the crazy 90s...","rel":"","context":"In &quot;Big Business&quot;","block_context":{"text":"Big Business","link":"https:\/\/hill-kleerup.org\/blog\/category\/big-business"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1292,"url":"https:\/\/hill-kleerup.org\/blog\/2002\/01\/31\/what_big_money.html","url_meta":{"origin":1267,"position":3},"title":"What big money really buys in DC","author":"***Dave","date":"Thu 31-Jan-02 7:14am","format":false,"excerpt":"An interesting article about how the affect of money and lobbying is less on what Congress does, than on what Congress fails to do. The Enron debacle is demonstrating this....","rel":"","context":"In &quot;Fourth Estate&quot;","block_context":{"text":"Fourth Estate","link":"https:\/\/hill-kleerup.org\/blog\/category\/media\/fourth-estate"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1317,"url":"https:\/\/hill-kleerup.org\/blog\/2002\/01\/28\/mr_cheney_meet.html","url_meta":{"origin":1267,"position":4},"title":"Mr. Cheney?  Meet Caesar&#8217;s wife &#8230;","author":"***Dave","date":"Mon 28-Jan-02 7:25am","format":false,"excerpt":"In classical Roman culture, the wife was consider the head of the household's honor. On one occasion, rumors circulated to Julius Caesar that a man had slipped into his house...","rel":"","context":"In &quot;Politics &amp; Law&quot;","block_context":{"text":"Politics &amp; Law","link":"https:\/\/hill-kleerup.org\/blog\/category\/politics-law"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1745,"url":"https:\/\/hill-kleerup.org\/blog\/2002\/05\/07\/when_free_marke.html","url_meta":{"origin":1267,"position":5},"title":"When free markets aren&#8217;t","author":"***Dave","date":"Tue 7-May-02 5:48pm","format":false,"excerpt":"\"Every time there's a shortage or a little bit of a price spike, it's always collusion or conspiracy or something,\" Mr. [Ken] Lay [of Enron] said in the interview, which...","rel":"","context":"In &quot;Fourth Estate&quot;","block_context":{"text":"Fourth Estate","link":"https:\/\/hill-kleerup.org\/blog\/category\/media\/fourth-estate"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/1267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/comments?post=1267"}],"version-history":[{"count":0,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/1267\/revisions"}],"wp:attachment":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/media?parent=1267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/categories?post=1267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/tags?post=1267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}