Sunday 10 October 2010

Enron and Eric

To see Lucy Prebble's wonderful Enron last night. The staging is brilliant, the cast great and the exposition of the way the company operated electrifyingand worryingly revealing. Prebble's story, brilliantly realised under Rupert Goold's direction, relates the rise and fall of Enron as a story not only of greed, but also of I watched this stunningly good play at Bath Theatre Royal last night, I found one of extraordinary hubris. Particularly poignant was the way Enron's staff were encouraged to invest in such dodgy stock. But there was one episode that seemed particularly chilling and of contemporary relevance: as the firm's accountants endorsed their fraudulent scheme, they declared their willingness to provide their customers with whatever they wanted. For some reason, I couldn't help thinking about the plans by the ludicrous Eric Pickles to replace the independent integrity of the Audit Commission with a system where local authorities shop around for auditors likely best to meet their needs - and tell them what they want to hear. Enron Eric - I offer this to his new opponent, Caroline Flint, free of charge.

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