Enron Whistleblower Sherron Watkins

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Fraud in America

Fraud in America

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@p_nk7279
@p_nk7279 Жыл бұрын
And, yes it is interesting that she now has this history of working at some length for two corrupt, now-defunct companies. I’m glad she came forward when she saw the discrepancies.
@billdubya9626
@billdubya9626 Жыл бұрын
Subscribed. #259. I look forward to the day this channel rockets into popularity.
@p_nk7279
@p_nk7279 Жыл бұрын
It seems things went downhill when they partnered with that Retirement fund company - why would a gas/pipeline company manage a pension fund of some other industry’s employees - and when Skilling was made COO. All bad since then. Along with Lay’s history of wanting profits instead of ethical business operations.
@rockwilliams457
@rockwilliams457 2 жыл бұрын
So, was Sharon the original whistle blower or was it James Timmins who claims to be the original whistleblower who called the WSJ and fed the reporters the information so the articles could be written. Who is the original good person to step forward. Timmins quit a year before he called the WSJ he claims.
@SentinelSays
@SentinelSays Жыл бұрын
It is difficult to say. James Timmins went to the press after sitting on the knowledge for years, keeping silent while the paychecks kept coming. Sherron is a different type of whistleblower, as soon as she was aware of absolute evidence that fraud was taken place, she immediately reported it to the CEO and told them that she had uncovered this. When they didn't act, she took it to the authorities. I'd say in term of ethics, she was on the right side of the argument, Timmins is more suspect in terms of the motivations to speak out, especially after he admitted in interviews that he only left because "I saw too much potential fraud, self-dealing, self-enrichment at the expense of Enron shareholders,”. He'd been around it for years only walked away when there was 'Too much' corruption. Sherron reported immediately when she became aware.
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