Principled Profit

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January 30, 2006

Ken Lay’s Trial: It’s About Time!

Filed under: Business Ethics — Shel Horowitz, Ethical Marketing Expert @ 6:51 am

Let’s see…if I’m not mistaken, it is now 2006. If I recall correctly, we are talking about an indictment that was handed down in 2004, for crimes allegedly committed in 2001 and earlier.

You’ve got to wonder–would it have taken so long to come to trial if Ken Lay hadn’t had so many “friends in high places?”

Oh, and I think a fair punishment for Lay and his ilk would be some jail time and then strip him of all assets, use them to at least partially reimburse the innocent Enron employees who watched their retirement nest eggs go up in smoke, make him get a job in a factory somewhere, pay him minimum wage, and let him see if he could support himself in the style to which he’s accustomed. Oh yes, with community service in the form of unpaid presentations to b-school kids on how he “done us wrong” and what the human consequences were. It might be rather educational, don’t you think. And cheaper for us taxpayers than throwing away the key.

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