“In my opinion, the problem today is 10 times worse than it was when Enron had its implosion in what was called the era of corporate fraud,” said Fastow. “The things that Enron did, and that I did, are being done today. In many cases, they’re being done in such a manner that makes me blush, and I was the CFO of Enron.” [AT]
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Hanlon’s razor states “never attribute to malice that which is adequately explained by stupidity.” Meaning most of the time when someone does something bad, it’s not because they’re a bad person, rather too stupid to know better. Or something. Socially anxious people with victim complexes — who no doubt make up a large portion of […]
Hey! Have you guys listened to “Oh My Fraud” yet? It’s a new podcast on the Earmark CPE platform hosted by our good friends Caleb Newquist and Greg Kyte. And Earmark CPE was created by another pal of Going Concern’s—Blake Oliver. The latest episode of “Oh My Fraud” is about the massive fraud in Dixon, […]