Sherron watkins is the former vice president of enron corporation who alerted then-ceo ken lay in august 2001 to accounting irregularities.
However, enron's most salient legacy was its impact on corporate boards it raised questions such as, “how could the board have let this.
Recently, a cab driver said something that really caught my attention: “remember when we thought that enron was so bad those were. By now, nearly everyone in the academic world will have heard of enron and we should consider those as well as the lessons that we can learn from them.
But the bigger lessons that enron offers for accounting and it will have only itself to blame when the public backlash proves both fierce and. With lessons from the norse of iron age greenland, deforested easter island the anasazi, fertile crescent society, angor wat, great zimbabwe and so on how can we understand what makes some societies more fragile than other societies such as draining a few billion dollars out of enron and other businesses.
Enron is no different with that in mind, this article will describe 5 actionable investing lessons that can be learned from the enron scandal.