Marketplace Special Report
Blind Trust, What Enron Says About America
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Marketplace Special Report
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Narrated by:
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By:
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David Brancaccio
About this listen
The Marketplace Special Report: Blind Trust goes beyond the avalanche of Enron-related headlines. Marketplace host David Brancaccio leads a cast of analysts, reporters, commentators, opinion-leaders (including economist Paul Krugman and former SEC Chairman Arthur Leavitt) - even actors and cartoonists - toward a "final draft" version of the Enron story and the six important lessons to be learned:
- The Enron story is bigger than a series of passing scandals: it's a watershed event.
- Enron was caused by corporate, and even cultural, hubris.
- Enron represents a costly betrayal of trust - one with the potential to damage the American economic system.
- Enron reveals the precarious state of what Americans understand about economics.
- Enron isn't the end of the 'new economy': in a bigger sense, it's just the start of it.
- Enron is the great warning shot for a new economic era.
This special report isn't about "who-did-what-to-whom," nor "what-did-they-know-and-when-did-they-know-it." Instead, Blind Trust will step back from the noise to put the Enron drama in a greater historical context. (Original Broadcast Date: February 22, 2002)
(P) and ©2002 Minnesota Public Radio