Monday, November 28, 2011

Enron in retrospective.

BBC Radio 5 Live's Wake Up To Money asked me a bit about Enron, 10 years later (interview starts around minute 27:30), or click here.

My Dad and my buddy Gus Schill pointed me to the Houston Chronicle's Enron retrospective:  see here, here, and Fuel Fix's compilation, here.  Some of my takes are here, here (Colin Marks and I wrote this one), here, and here.  And the books that Bala Dharan, Jeff (yep, my Jeff) Van Niel, and I did:  here and here.

Short version of my take on things, 10 years later?  Two things:  those who do not learn from history are doomed to repeat it, and humans don't seem to be able to learn from history, at least where their own cognition is concerned.

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