Berkeley, California, March 4 (Bloomberg) -- One of the interesting aspects of the Enron scandal is the different strategies the chief villains have employed to exculpate themselves.
Kenneth Lay, the former chairman of the bankrupt energy trader, has decided he can plausibly cast himself as a stupid person taken advantage of by brighter underlings. Jeffrey Skilling, the chief executive who quit before the final collapse, believes he can set himself up as the guy who wasn't around when anything bad happened and who ``got off in Ireland'' before the ship went down.
Andrew Fastow, the chief financial officer who profited from partnerships with Enron Corp., clearly thinks if he lays low like Brer Rabbit, the public inquiry will focus on other, more senior people and bigger, more systematic problems -- and that he will be allowed to play the role of an underling who was simply doing what his bosses told him to do.
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