1
TO: Al Cohen
FROM: Liana Casciani
RE: Enron Memo
What went wrong?
I think that it was a conglomerate of things that “went wrong” in the fall of Enron. I
think besides the fact that the lying and forging of numbers, greed, selfishness and lack of ethics
and morality took over. The people who were doing these scandals got too into themselves and
money. Their heads got big, the money got to them and they believed that they were invincible.
They were just so conceded in their vision that “if you are smart enough then you can do
anything”. They really thought that they were so much smarter than everyone else in the world
that they were about morals, they were above the law. That “failure” didn’t apply to them.
They didn’t care that “loop holes” were illegal; bending the law and breaking the law was just
like breathing to them. I really think that stopping wasn’t an option, and neither was saying no
for anyone who became involved. Not only were these directors and people involved in the
Enron scandal ruthless in the business world but some of them really did not care in the lives,
let alone wellbeing’s of others. There are even rumors of them killing people they did not like,
so it isn’t surprising to me that no one had the guts to say no to taking billions of dollars with a
few lies.
