Why Enron Still Matters

Dave Hoffman

Dave Hoffman is the Murray Shusterman Professor of Transactional and Business Law at Temple Law School. He specializes in law and psychology, contracts, and quantitative analysis of civil procedure. He currently teaches contracts, civil procedure, corporations, and law and economics.

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3 Responses

  1. Kate Litvak says:

    >>”if Skilling and Lay are guilty of the knowledge and purpose charged by the indictment, they are evil. Maybe less evil than, say, murderers, but that is a distinction I leave for other folks to make.”

    _Maybe_ less evil than murderers? Just _maybe_?

    Does this moral equivalence apply to all thieves and fraudsters or just to rich and powerful ones?

  2. Dave Hoffman says:

    Yes, just maybe. I’m not a moral philosopher, so I don’t know exactly how to parse degrees of evil. Of course, I’m tempted to measure the evilness of crime by its total effect on social wealth (which means that powerful fraudsters, who hurt more people on average, might be more evil than powerless ones). Wouldn’t you Kate?

  3. Kris says:

    If anyone would like to get caught up on the Enron scandal while the trials are going on I would highly recommend the movie Enron: The Smartest Guys in the Room. It is a great behind the scenes look and the scandal from its roots and all those who were involved. It was shocking to see just how many people knew about the fraud that was being carried out on a daily basis by the Enron executives as well as traders. Go to http://www.enronmovie.com for more information. It is now available on DVD and was just nominated for an Oscar