Ethics-Governance: Article: Enron: What Ever Happened to Going Down With the Ship?

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Enron: What Ever Happened to Going Down With the Ship? Enron: What Ever Happened to Going Down With the Ship? By Miriam Schulman March, 2002 The Senate Commerce Committee Hearings finally found the right metaphor for Enron's fate when Chairman Byron Dorgan (D-ND) compared the company to the Titanic. "In the Titanic," he said, "the captain went down with the ship. And Enron looks to me like the captain first gave himself and his friends a bonus, then lowered himself and the top folks down the lifeboat and then hollered up and said, 'By the way, everything is going to be just fine.'" But there is, in the Titanic cast of characters, a good analog for the Enron leadership. Full Article: http://www.scu.edu/ethics/publications/ethicalperspectives/schulman0302.html


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