[wideawake]

Pretty much everyone in Corporate America dealing with Sarbanes-Oxley was affected by Lay's shenanigans.

Every one seems to believe that Ken lay was some kind of brilliant evil mastermind who singlehandedly controlled the world.

Enron's downfall was caused by many people - Lay played his prominent role, but Andrew Fastow and Jeff Skilling were the guys who actually figured out how to game the system and they had plenty of enablers from Lay to complacent shareholders to aggressive accountants to Congress to capricious tax rulings.

Lay was just one of a whole cast of scummy characters.

[sitetest]

Dear wideawake,

As well, blaming Mr. Lay solely for Sarbanes-Oxley seems to negate the moral agency of Messrs. Sarbanes and Oxley.


sitetest

[SouthTexas]

Andrew Fastow and Jeff Skilling were the guys who actually figured out how to game the system and they had plenty of enablers from Lay to complacent shareholders to aggressive accountants to Congress to capricious tax rulings.

Investment bankers and stock brokers are a couple you missed.