kalaria wrote:
Quote:
And Yes, people did know - however - those people were the ones that were either the ones making the money or had something to fear (like losing their jobs) if something leaked. Whistleblower acts/laws can only protect the person so much, and it was a secretary that let the feds know about the money.
Exactly, because people are afraid to rock the boat, and they wound up losing their jobs anyway.
No - no one knows how long Enron would have continued to run if the authorities had NOT been notified, that is an assumption that because people either did or did not they lost their jobs.
They lost their jobs because people who had power in the organization knew how to manipulate the system, and it wasnt all by themselves, they had alot of help covering their tracks. Which makes reporting it a bit trickier when more than one person is involved - or could be if you are the one reporting. Not for legalities sake, but for the sake of having a decent work environment and still being able to work with everyone there.
I dont see how you expect for those responsible to have been caught before this happened, its like you are hoping for a scenario out of "Minority Report" - where they arrest you before any action has been taken, but because you might in the future then they can arrest you. If that is the case, they could arrest most any person in a job of influence because the temptation, opportunity and resources are there for them to take advantage of.
No one wants to risk their job - especially a good one, and Im sure whoever did is not sure about her actions still. It affected a lot more than just the employees, but the entire economics of the area.
It sucks - and they put up new measures on corporations because of this to help prevent it from happening again. Should they have been there? Why would they have been? No organization has ever completely fabricated their financial statements like this that I know of... and took the community, employees and shareholders by surprise.
Edit:
Looks like the UAE decided to hold off on their deal a while:
http://articles.news.aol.com/news/article.adp?id=20060218210909990001&ncid=NWS00010000000001
Interesting quote from the story tho
Quote:
The White House noted the United Arab Emirates contributed $100 million to help victims of Hurricane Katrina just weeks before Dubai Ports sought approval for its business deal. It said the money was nearly four times as much as the administration received from all other countries combined, and said there was no connection between the money and the pending deal.
http://news.aol.com/topnews/articles?id=n20060223185209990004
Yes, they are AOL links - I have it for work so I actually have email that will accept a decent sized graphics file. And the sadder thing is - its more reliable than our organization's email. Edited, Fri Feb 24 09:11:16 2006 by AanyaRamuh