Comments on: Enron Trial Update http://www.coyoteblog.com/coyote_blog/2006/02/enron_trial_upd-2.html Dispatches from a Small Business Sun, 12 Feb 2012 15:04:09 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Thomas Tunstall http://www.coyoteblog.com/coyote_blog/2006/02/enron_trial_upd-2.html/comment-page-1#comment-3118 Thomas Tunstall Tue, 14 Mar 2006 22:38:44 +0000 http://coyote-blog.com/wordpress/2006/02/enron_trial_upd-2.html#comment-3118 <p>I hate to say it, but I think that Skilling and Lay will not be convicted. I hate to say even more that they SHOULD be found NOT guilty. In the final analysis, they took down Enron because of failed corporate governance, poor judgment and bad management. Until management practice gets more systematic in its approach, these types of debacles will continue. That Skilling and Lay played within the rules speaks more to the shoddy management rulebook than to their culpability. </p> I hate to say it, but I think that Skilling and Lay will not be convicted. I hate to say even more that they SHOULD be found NOT guilty. In the final analysis, they took down Enron because of failed corporate governance, poor judgment and bad management. Until management practice gets more systematic in its approach, these types of debacles will continue. That Skilling and Lay played within the rules speaks more to the shoddy management rulebook than to their culpability.

]]> By: d http://www.coyoteblog.com/coyote_blog/2006/02/enron_trial_upd-2.html/comment-page-1#comment-3117 d Thu, 09 Mar 2006 19:30:30 +0000 http://coyote-blog.com/wordpress/2006/02/enron_trial_upd-2.html#comment-3117 <p>Narcissism of the unhealthy variety is not uncommon in positions of power. As the Enron trial proceeds, this point is being re-affirmed.</p> <p>Regrettably common narcissistic traits include: the ability to charm and be charming, ability to depart from the truth -- convincingly -- when truth is inconvenient,<br /> lack of empathy, and inability to disassociate what is good for me with what is good for the firm.</p> <p>Psychological profiles of those on trial here ... as well as those serving as prosecution witnesses ... could provide interesting insights.</p> <p>d</p> Narcissism of the unhealthy variety is not uncommon in positions of power. As the Enron trial proceeds, this point is being re-affirmed.

Regrettably common narcissistic traits include: the ability to charm and be charming, ability to depart from the truth — convincingly — when truth is inconvenient,
lack of empathy, and inability to disassociate what is good for me with what is good for the firm.

Psychological profiles of those on trial here … as well as those serving as prosecution witnesses … could provide interesting insights.

d

]]>