Well, it's over (for now). Lay and Skilling have been found guilty. Now I am wondering how long the appeals are going to drag out and at what point they will actually serve their sentence. I'm curious...why don't people ever take responsibility for what [bad things] they have done and just say "yeah, I did something wrong and screwed a lot of people." Instead, those who blatantly harm others deny all culpability...it's like they have a sense of entitlement that makes them think "as long as it benefits me, there's nothing wrong with it." It's unfortunate.
Did you know that Mr. Lay made a large donation to the University of Missouri around the time the Enron story broke and now he has requested that they return it to him because he needs the money for lawyers? First of all, a donation is unconditional; he gave them the money and they don't have to give it back, and they won't. The other thing I am wondering is if MU will change the name of the endowed chair they set up with the money...I mean, wouldn't it be really weird to be the professor holding the Kenneth L. Lay endowed chair. Does that mean you are a quality professor deserving extinguished tenure, or one who has done everything just to get ahead without regard for ethics? ...just something to think about.
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