Thursday, October 8, 2009

Dear Enron

Dear Enron
cc: Activists who hate capitalism, mass media
bcc: Douglas Rae

How do you think Off-Balance sheet partnerships are in any way ethical? Just because they are legal does not make it ethical. Is not one of the first rules to successful capitalism (according to Adam Smith) transparency and freedom of information? Oh, when the days of business were noble and honorable! (At least in my nostalgia for days I've not seen).

But even more so, thank you for making capitalism look more evil than a vengeful demon mask in Japanese No drama. Thanks to you, mass media can make big business (and therefore, most business) look evil to the eyes of the world. Not only does your complexity make you unethical, your complexity makes mass media simplify you to make business seem evil. Oh if only we could reform!

Thanks to instances like this, America has no clue what's going on and they protest things they do not understand. No wonder there. But just the sound of "off-balance" sheet partnerships makes me nauseous too. Yet I am not prone to protest.

Yes, I understand you collapsed in 2001 and this story seems like old news, but why do I feel like you are still haunting me? Perhaps because I have to write a paper on you due Monday.

Sincerely,
Danielle

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