Quotations
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Bethany McLean Quotes
«the powerful lesson from Enron for me is the power of self delusion and how people rationalise and deceive themselves. And I think when Ken Lay and Jeff Skilling say they are innocent now, as they do with their trial approaching in early 2006, they mean it on a certain level. One smart financial observer said to me that he's never met the CEO of a fraudulent company who didn't come to believe in what he'd created.»
Author: Bethany McLean
«I think the one hopeful message of Enron is actually Enron's own motto which, the director plays off very cleverly in the film and it's this motto 'Ask why'. And I think that audiences say, well, what can I take away from the film that actually offers some hope and offers some lesson that's positive? Ask why.»
Author: Bethany McLean
«Small cap companies complain constantly that they are neglected. They have a very tough time getting Wall Street research analysts to follow them, to pay attention to them. There are small companies that will say that I have grown my earning at 20 percent over the last five years and no one will pay attention to me.»
Author: Bethany McLean
«There is an advantage to size. It gets you noticed.»
Author: Bethany McLean
«Market watchers say that small caps, on a valuation basis are cheaper now then they have ever been in history,»
Author: Bethany McLean
«Market watchers say that small caps, on a valuation basis are cheaper now then they have ever been in history.»
Author: Bethany McLean
«It doesn't really change anything. It's not like people will get their jobs back or their retirement savings back. But I do think the trial is important. It will set a precedent of what's acceptable corporate conduct. Is it OK for executives to do anything so long as it's technically legal?»
Author: Bethany McLean
«The story took on an importance later that it did not deserve originally. Whether I wrote that story or not, Enron would have gone bankrupt, investors would have lost billions of dollars and thousands of people would have lost their jobs. I just picked up on an underlying skepticism. If you had told me then that the company would go under by the end of the year, I would have never believed it. I was as naive as the rest of us.»
Author: Bethany McLean
«They sought out every loophole they could to profit from California's misery.»
Author: Bethany McLean
«What's most shocking about the controversial - and top-selling - Grand Theft Auto isn't embedded sex scenes, ... It's the financial chicanery of the game's maker. Why don't investors care?»
Author: Bethany McLean