Word: sherron
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Dates: during 2000-2009
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Thanks to the Enron and WorldCom corporate accounting scandals, whistleblowing is enjoying a renaissance in the U.S. Both Cynthia Cooper, the internal auditor who sounded the alarm over WorldCom's $3.8 billion in bookkeeping shenanigans, and Sherron Watkins, who first voiced concerns about Enron's accounting tricks, have won acclaim as right-thinking individuals struggling against morally bankrupt business cultures...
...coincidence that the two most notable whistle-blowers in American society today are women? Thank goodness for the impact of former Enron executive Sherron Watkins and FBI Special Agent Coleen Rowley. I'm glad they decided to place personal ethics and morality ahead of the careerist, risk-averse approach that men often robotically use in climbing the ladder. VICKI LOUK BALINT Phoenix, Ariz...
...Enron watchers who feared things might be getting stale, last week brought fresh material for outrage. Although whistle blower Sherron Watkins testified in Congress that she believed former CEO Kenneth Lay was "duped" by underlings about accounting abuses, a trove of newly released exchanges shows just how chummy Lay was with George W. Bush in his days as Texas Governor. In one note Bush teases Lay about getting older; in another Lay scribbles that he's "so proud" of the Governor and his wife. Beyond the niceties, Lay repeatedly seeks Bush's support for legislation that would benefit Enron...
...Whoever's energy policy it was - Bush's or Cheney's or Lay's or Sherron Watkins' - it's out there on the road in plain sight, washed and waxed by the House and now very likely to be totaled by Democrats with a lot of different ideas about the energy policy America needs. And in the end, Americans will likely come away with none of the improvements in their energy world that everybody agrees are necessary...
...mounting evidence of trouble could have escaped Lay's attention by last summer. Vice chairman Clifford Baxter--who committed suicide late last month--resigned in May after voicing concerns about accounting practices to Lay's top deputy, Jeffrey Skilling. The whistle-blowing memo by Enron vice president Sherron Watkins was sent to Lay on Aug. 15. Another warning memo, from employee Margaret Ceconi, made its way to Lay soon after. Nonetheless, Lay in September was telling employees to buy more stock and bet on Enron's future...