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February 11, 2008 7:27 AM Age: 9 yrs
Accountability and The Seven Year ItchCategory: Acc Commentary & Opinion, CG Commentary & Opinion, Eleanor Bloxham, AC RSS
Source: Eleanor Bloxham
So here we are a little over seven years after the beginning of the end of Enron and these quotes from the February 8, 2008 NY Times story -- “Creators of Credit Crisis Revel in Las Vegas” -- tell the tale of the still unfinished business of Enron.
And Yogi Berra would be right: "This is like deja vu all over again."
And this debacle like the last one also has had spill-over effects that are frightening.
So the question remains, on one’s deathbed, was the lust for profit worth harming so many? Will this love affair with “not us / no accountability” ever end? Can’t we find some way to do ourselves a favor – and scratch this seven year itch?
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Eleanor Bloxham is a strategic governance and valuation authority, author and advisor, and CEO of The Value Alliance (www.thevaluealliance.com) and Corporate Governance Alliance. She welcomes your comments at email@example.com
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