[cookcounty]

Thanks, Ken. Good job.

How does Enron's Board of Directors fit into this? Don't they have some legal responsibility to provide oversight?

[ken5050]

Yes, but......the relationships on corporate boards make incest look like child's play.....the CEO,chairman pick the board, the so-called independent directors.....the system works well EXCEPT in cases of fraud.....it's no different than parents refusing to see that their little kid is using drugs, until he OD's...then it's too late.....the damage is done..