culture, politics, commentary, criticism

Thursday, October 07, 2004
Another reason why Enron symbolizes the Bush administration. Enron's epic culture of lying helped put another even larger culture of lying into the White House. From a report by Mary Flood in the
Houston Chronicle:
Dressed in humble prison khakis, the former treasurer of Enron [Ben Glisan Jr.] told a jury Wednesday that one of the most lucrative and intellectually stimulating things about working at Enron was creatively hiding its long-running and deep-seated economic woes from investors.


Glisan told defense attorney Tom Hagemann that he doesn't think he worked at one of America's finest companies but rather at an energy company where aggressiveness fostered both pride and escalating corruption.

In calm, confident tones, Glisan described a workplace tolerant, if not encouraging, of systematic deception.

"The company had long-running, very deep and difficult" economic issues, said Glisan, a former CPA with a master's degree from the University of Texas. But, he said, one of the joys of working there was solving the extremely difficult problems that came with "masking those issues."

"I felt it was my job to help Enron look stronger than it was," said Glisan, who is scheduled to continue on cross-examination today.

He said meeting earnings targets was the name of the game at Enron and one of his jobs was to run a team that devised transactions that "helped Enron lie about the health of the company." Inflating earnings and hiding debt, he said, garnered big individual bonuses.
To Enron's senior management, not only is lying a creative and lucrative act — it's intellectually stimulating. Systematic deception was "one of the joys of working there."

This explanation reveals the evil genius of co-conspirator Dick Cheney in the fewest words possible. After all, these were the same people he selected to secretly write US energy policy in the earliest months of his administration, in meetings whose minutes he has steadfastly refused to make public. To Cheney, systematic deception is intellectually stimulating, one of the joys of working the White House.

Greatest Hits · Alternatives to First Command Financial Planning · First Command, last resort, Part 3 · Part 2 · Part 1 · Stealing $50K from a widow: Wells Real Estate · Leo Wells, REITs and divine wealth · Sex-crazed Red State teenagers · What I hate: a manifesto · Spawn of Darleen Druyun · All-American high school sex party · Why is Ken Lay smiling? · Poppy's Enron birthday party · The Saudi money laundry and the president's uncle · The sentence of Enron's John Forney · The holiness of Neil Bush's marriage · The Silence of Cheney: a poem · South Park Christians · Capitalist against Bush: Warren Buffett · Fastow childen vs. Enron children · Give your prescription money to your old boss · Neil Bush, hard-working matchmaker · Republicans against fetuses and pregnant women · Emboldened Ken Lay · Faith-based jails · Please die for me so I can skip your funeral · A brief illustrated history of the Republican Party · Nancy Victory · Soldiers become accountants · Beware the Merrill Lynch mob · Darleen Druyun's $5.7 billion surprise · First responder funding · Hoovering the country · First Command fifty percent load · Ken Lay and the Atkins diet · Halliburton WMD · Leave no CEO behind · August in Crawford · Elaine Pagels · Profitable slave labor at Halliburton · Tom Hanks + Mujahideen · Sharon & Neilsie Bush · One weekend a month, or eternity · Is the US pumping Iraqi oil to Kuwait? · Cheney's war · Seth Glickenhaus: Capitalist against Bush · Martha's blow job · Mark Belnick: Tyco Catholic nut · Cheney's deferred Halliburton compensation · Jeb sucks sugar cane · Poindexter & LifeLog · American Family Association panic · Riley Bechtel and the crony economy · The Book of Sharon (Bush) · The Art of Enron · Plunder convention · Waiting in Kuwait: Jay Garner · What's an Army private worth? · Barbara Bodine, Queen of Baghdad · Sneaky bastards at Halliburton · Golf course and barbecue military strategy · Enron at large · Recent astroturf · Cracker Chic 2 · No business like war business · Big Brother · Martha Stewart vs. Thomas White · Roger Kimball, disappointed Republican poetry fan · Cheney, Lay, Afghanistan · Terry Lynn Barton, crimes of burning · Feasting at the Cheney trough · Who would Jesus indict? · Return of the Carlyle Group · Duct tape is for little people · GOP and bad medicine · Sears Tower vs Mt Rushmore · Scared Christians · Crooked playing field · John O'Neill: The man who knew · Back to the top

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