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Title: Could have been written by Ken Lay
Review: This was the first of three books and numerous articles I have read about the Enron catastrophe. This one seems to take great pains to exonerate Ken Lay. Everything is someone else's fault.There is a lot of interesting and factual information here, but most of it seems twisted to protect Ken Lay and lay all the blame on Andy Fastow. While Fastow is certainly a crook, the main problem with Enron was not the end-stage shenanigans, but the way the company was run, the way commissions and bonuses were paid for lousy deals, Enron's system of robbing California and other states of billions of dollars, that really caused the problems. Ken Lay ran Enron the way George Bush ran the US economy, and got similar results. (It didn't help that Lay/Enron was Bush's biggest financial backer since the early 1990's, either.)[...]
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