Jeff Skilling - my evil mirror universe twin

Ack!

http://www.pbs.org/independentlens/enron/film.html
from JoeUser Forums

Watching PBS show on Jeff Skilling, the main guy behind Enron's corruption and describing his beliefs and showing interviews with him.

Oye is this guy literally my polar opposite. He believes ideas are king. He feels people should be rewarded on ideas alone and execution of those ideas is left for the lesser beings of the world.

It was that philosphy that was Enron's undoing. Their switch to mark to market accounting is based on booking as profit deals as they are pinned. So if you sign a deal that will generate (in theory) $10 billion over 20 years, they'd book all $10 billion up front.  Here in reality, we call that counting chickens before they're hatched.

He also apparently said that only money motivates people which I know for a fact to be untrue. There is a lot more to life than materialism. What motivates one person may not motivate others. 

The PBS show definitely doesn't make Enron's people look very good. If even half of what is in this show is true, we're talking about a bunch of despicable people with Jeff Skilling at that top of the list.

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7,283 views 3 replies
Reply #1 from JoeUser Forums Top
While they were causing the California power outages back in '01, they were literally cackling over turning off grandma's Air Conditioning. There are tapes. Evil, oh yes. And if even one of those grandmothers died (a distinct possibility), that makes them premeditated murderers...
Reply #2 from JoeUser Forums Top

The world is full of unrealized potential due to ideas that could not or were not implemented.  Paying for them is fool hardy.  Paying for the sucessful implementation of them makes sense.

If that is indeed his philosophy, then it is no wonder Enron's accounting was that way, and why they went down the tubes.

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Reply #3 from JoeUser Forums Top
Those people are the scary kind of evil.  The kind that looks so inviting and is hidden behind "success".  I think a most of us can't relate to the Skillings of the world but it is a little scary to consider how easy it must have been for the lower level people to get swept up in the "success".  Enron's tag line was "ask why" and one of the guys in the documentary said he stopped asking why because he knew he didn't want to know the answer.  So I guess he was the hear no evil monkey.