Write 3 Paragraphs For Your Response: analysis your discussion to bring depth for your discussion AND don't forget your critical thinking skills It had taken Enron 16 years to go from about 10 billion of assets to 65 billion of assets. It took them 24 days to go bankrupt. He building in there? This company collapsed so quickly and so entirely. I mean it was into bankruptcy within a matter of weeks. It just immediately had all the makings of a gigantic scandal. He's hiding something from the rest of us. The fatal flaw at Enron if there is one, you say it was pride but then it was arrogance, intolerance, greed, So many of them were blinded by the money that they didn't see that they were sinking their own life boat. We have a right to know. It just got hungrier and hungrier. Sooner or later they were doom ed to go off that cliff at 90 miles an hour. It's astounding that they got away with it for so long. In reality, Enron was a house of cards. What we didn't know was that the house of cards had been built over a pool of gasoline. It all sort of became smoke and mirrors. Committee will come to order. This is a case of America's largest corporate bankruptcy. The question here is what happened, who was responsible for it happening, and what can we do to prevent this sort of thing from happening again. I think the Enron story's so fascinating because people perceive it as a story that's about numbers. That it's somehow about all these complicated transactions. But in reality it's a story about people and it's really a human tragedy. On this date, at 2:23 am, Sugar Land police discovered John C Baxter located inside his vehicle with an apparent gunshot wound to the head. Ah... at this time there has been a suicide note located. Sir, can you give us any indication whether this was related to Enron's bankruptey. We do know that he was and Enron employee, but as far as any other indications of why he committed suicide, no we do not. Mr. Skilling, let me touch on something that's sort of sad and that's of course the suicide of Cliff Baxter. And you mentioned he was your best friend in your opening statement. Before he died, did you have many conversations with him? Yes. And were any of them relative to Enron? Yes. There's no one that knew Cliff, toward the end, that didn't realize that he was heartbroken by what had happened. And Cliff came over to my house and he said 'They're calling us child molesters. ' He says, 'That will never wash off. 'But Mr. Skilling you don't believe that. I don't believe what? You don't believe that the press and everybody calling Cliff Baxter or yourself or anybody on the Board of Directors, denigrating or tainting you, you don't think it's accurate is what you're saying to us here today. I do not believe...I did not do anything wrong that was not in the interest In all the time that I worked for Enron Corporation, it was in the interest of the shareholders of the company. Ultim ately, who was responsible for the downfall of Enron? Only a few years ago, Enron was the nation's seventh-largest corporation, valued at almost 70 billion dollars. Pundits praised the company as a new business model. This trading floor was manned by America's best and brightest, charting the futures of energy and power. And high above each with a private staircase, Ken Lay and Jeff Skilling had built their own plush staterooms. They were known as the smartest guys in the room. Captains of a ship too powerful to ever go down