Sunday, April 30, 2006

Could Lay Be Innocent?

Frank Ahrens, writing in The Washington Post, wonders if Ken Lay could be telling the truth.

I have to admit, from what I've read of the management of Enron, that the same thought has occurred to me.

Prosecutors think that CEOs are all-knowing and yet there are plenty of situations on which the top person really doesn't know. The filtering of management information is frequently discussed in business schools but not in law schools.

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