Enron context Flashcards
How was the risk-taking culture and enron emphasised?
Skilling took employees on dangerous trips
How did enron do on broadway?
struggled
How did lay live as a child?
in poverty
How come lay never got sentenced?
he died of a heart attack
what approach did skilling use to management?
dawarnism
which president was lay close too?
George HW Bush
What was enron the largest corporate contributer of?
George W Bush first presedential campaign
How did lay propose the deregulation of electricity?
To Clinton over a game of golf
How much did the raptor companies make lay?
$45 million
How many employees lost their jobs at enron?
over 20,000
what was removed from Enron’s corporate values in 2002?
ruthlessness, callousness and arrogance don’t belong here
What was the corporate sector like in the 90’s ?
greedy and arrogant
How did skillings sentence compare to Al Capone’s?
Skilling got 13 more years
what happened to capitalism in 1980?
capitalism had paused and globalization had taken over
