Local smart guys discuss Ken Lay
I mentioned in the forum here that Dan Patrick had an interesting (and enlightening) interview with Professor Gerald Treece yesterday, discussing what happens now that Ken Lay has died. It's really a shame the interview wasn't recorded or transcribed, since Prof. Treece explained clearly and in detail what the law says, what the government's options are, and what could happen with Lay's estate.
Since Prof. Treece is also KHOU-11's law expert, I had hoped to see a story or interview on KHOU's site, covering some of what he discussed on air with Dan yesterday. Unfortunately, I can't find anything.
With that we move to Tom Kirkendall who has posted his thoughts on Ken Lay and the Enron Myth:
By now, we all know the myth -- Enron was merely an elaborate financial house of cards hidden from innocent and unsuspecting investors and employees by a deceitful management team led by the greedy and lying Mr. Lay.
[snip]
The Enron Myth conveniently serves to obscure that which most people do not want to confront. Loss, fear, and anger expose our essential human insecurity -- Christians sometimes refer to it as our "brokenness." The vulnerability that underlies such insecurity is scary to behold, so we use myths and the related dynamics of scapegoating and resentment to distract us. Therefore, a wealthy and powerful businessman who is easy to resent becomes a handy scapegoat. We rationalize that he did bad things that we would never do if placed in the same position and thus, he is deserving of our punishment. That the scapegoat is portrayed as greedy and arrogant -- just as we are -- makes the lynch mob even more bloodthirsty as it attempts to purge collectively that which is too sordid for its members to face individually.
As they say, read the whole thing.
RELATED: Isolated Desolation, John Wagner
Posted by Anne Linehan @ 07/06/06 08:06 PM | Houston Miscellany | Print | Comments (10)
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