Word: enronization
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Dates: during 2000-2009
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...Enron Verdicts...
...appreciated the Viewpoint column on the Enron verdicts by the company's whistle-blower, Sherron Watkins [June 5]. I agree with her argument that humility is a basic ingredient of a spiritual life. No matter how often he invokes Scripture, Enron's founder, Ken Lay, will never learn that stealing is wrong until he finds some of that elusive characteristic. But there is hope: some people learn that valuable lesson in prison. GARY ROE Santa Cruz, Calif...
Watkins has captured the essence of leadership: humility and an ability to admit mistakes. If I hadn't known she was describing Lay's fatal flaws as the leader of Enron, I would have concluded that she was describing Bush's fatal flaws as the leader of our nation. We taxpayers are the stockholders and customers of our government, and we owe it to ourselves and our progeny to ask, the next time we go to the polls, whether we have learned from the failures of our leaders. MIMI BARRON Fredericksburg...
...fall of 2001 Lay was telling us that Enron's future had never looked better, even as he was cashing in his Enron shares. By taking care of himself, Lay violated one of Jesus' leadership lessons, found in Mark 9:35: "If anyone desires to be first, he must be last of all, and servant of all." We need to applaud the servant-leader, the one who clearly demonstrates that the interests of the organization and its customers, employees and investors (in that order) come first, not his own. Humility is a critically important trait in leaders. We have...
Watkins, one of TIME's Persons of the Year in 2002, is co-author of Power Failure: The Inside Story of the Collapse of Enron. She now lectures on leadership and ethics