I checked out "The Smartest Guys in the Room", the inside story of the Rise and Fall of Enron, the other night. Great documentary. Makes you want to break out a machete and hack something.
There were multiple soundbites of Skilling and Lay, wide-eyed and grave, insisting that they could't possibly have known about the antics of Fastow who was cooking the books in their company. He was, after all, a rogue employee. His fraud was, in the words of our old friend Ollie , a stand-alone, off the shelf kind of an operation.
First off. When you pull $300 million out of your own company in stock and bonuses you'd better know all that's going on on your watch - right down to who's stealing paperclips.
I had a vague feeling of deja vu. Then it hit me. Another soundbite.
Condi Rice batting her eyelashes before the 9/11 commission insisting that no-one could possibly have known that Bin Laden would have arranged for a plane to be flown into a U.S. building. (With the possible exception of the people who found written plans for just such an event several years before and a further exception for the individuals in the FBI who received those reports).
Bushco loudly protesting that the tortures inside Abu Graib