Namster:
Everyday I read the paper and am astounded by the egregious improprieties that occured at the bankrupt giant Enron. It simply astounds me the way that Managment took full advantage of the system to defrauded investors, employees and basiclly ripped off the company. I am dismayed with the external auditors too.
In talking with a good acquaintance who is a banker, we wondered what could have been the root cause for the fraud that took place at Enron. It seems that although it involved money, it did not really come down to money. The guilty parties were wealthy enough, but were not prosperous or self fulfilled. It seems like the money was there to fill a void within them, or why would they become so greedy? But all the money in the world could never ever fulfill the emptiness inside some people who think that acquiring more and more material wealth, money, is going to make them happier. In this case, it will only make some wind up in jail.
I am reading a book called "Creating True Prosperity" by Shakti Gawain. She touches upon the definition of true proserity which does not reside in money alone, but more along the lines of being balanced and happy which is what leads to true prosperity. Had the Enron execs been better balanced, they may have not been taken over by greed, opted for such risky investments and aggressive accounting measures, and may have been able to look at the downsides to all of these practices.
I wonder what will happen to those Enron Executives karmacally, now that they have ruined the lives of many ex- employees?
It comes down to choices. The Enron Exectives did not have to do what they did and did not have to drive the company into bankruptcy.
Just some thoughts. It is late, and I hope I was able to make my points clear.
AIM
