Tag Archives: Enron

Speaking Truth to Power

Speaking Truth to Power

 

The fall of 2001 was an eventful and memorable time in United States history, but not for positive reasons. First, there were the devastating terrorist attacks of September 11. Before our nation had even digested the horrific attacks of 9/11, Enron, the nation’s seventh largest company and the world’s largest energy trader, rapidly came unraveled, leading to their declaration of bankruptcy on December 2. Enron’s stock prices had dramatically decreased on October 16, just two months after Sherron Watkins had brought imperative accounting and investment questions to the attention of CEO Kenneth Lay.[i] Was Watkins utilizing deontological or utilitarian ethical approaches in blowing Enron’s whistle? Was her intent to bring the greatest good to the most number of people, or was she doing it for the future profitability and reputation of Enron? Continue reading Speaking Truth to Power