Enron, once the King of Energy Alley, is now being considered the Grand Daddy of Corporate Fraud.This last week the nation has seen a series of shrugged shoulders, between the, “I don’t know,” of Arthur Andersen’s Joe Berardino, answering Congress’ questions about the firm’s auditing activities; to the, “He didn’t know,” of Kenneth Lay’s wife, defending her husband’s non-actions in the debacle; and the, “We didn’t know,” of Enron’s Board in a scathing report blaming the exec’s for widespread deceit. Now a few more key players are set to appear on the Congressional stage, including Andrew Fastow, Enron’s former CFO, and Jeffrey Skilling, the once-President of the empire. What these men say, or don’t say, is yet to be heard. But information suggests that they are quite in the know. And at some point, someone has to give. In the enigmatic Enron game, who should be held accountable for the company’s crash, burn and bankruptcy.
Guests:
Joshua Micah Marshall, Freelance writer, Senior Correspondent for The American Prospect, and editor of “Talking Points Memo”
Philip Inglima, Partner at Baach, Robinson & Lewis in Washington DC
former Senior Independent Counsel in the investigation of Interior Secretary Bruce Babbitt