Mail Call: Readers Lambaste the Self-Serving Behavior of Enron Executives at the Expense of Company Employees

READERS LAMBASTE THE SELF-SERVING BEHAVIOR OF ENRON EXECUTIVES AT THE EXPENSE OF COMPANY EMPLOYEES

Deception and Disaster Kudos to Allan Sloan for the most coherent description of Enron's failure that I have seen ("Who Killed Enron," Business, Jan. 21). Discussions of the Enron debacle have been hampered by the complexity of the underlying transactions, and Sloan's analysis sheds light on these issues. I hope to see the day when the predominant practice in corporate America is to "tell it like it is." As investors, we simply want clear, truthful information on how a company has performed, how management expects it to perform in the future and what key risks face the company. Investors deserve, and should demand, better disclosure.

Dana R. Hermanson

Kennesaw, Ga.

Your cover story on the Enron debacle illuminates the inbred, …

Questia, a part of Gale, Cengage Learning. www.questia.com
Publication information: Article title: Mail Call: Readers Lambaste the Self-Serving Behavior of Enron Executives at the Expense of Company Employees. Contributors: Not available. Magazine title: Newsweek. Publication date: February 4, 2002. Page number: 14. © 2009 Newsweek, Inc. All rights reserved. Any reuse, distribution or alteration without express written permission of Newsweek is prohibited. For permission: www.newsweek.com. COPYRIGHT 2002 Gale Group.

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