The Enron analog

The Executive Branch of the US government is beginning to look like Enron just before bankruptcy. That's not to say the administration of Barack Obama has criminals in high office, as Enron did. The basis for comparison here is consistent, unabashed, and in too many instances motivational hubris. The title of a 2003 book by Bethany McLean and Peter Elkind captured that element of the Enron debacle exquisitely: The Smartest Guys in the Room. Enron, in its years of misbegotten glory, did hire smart people. It subjected them to a high-pressure, high-casualty system of performance appraisal. It assured survivors they belonged to an organization that could trade anything and make large amounts...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected