what is said in the article is that Enron bosses where so sure theiy were right, while at teh same time acting like bandits, so that the both have stolen the pension fund, yet kept their shares in their bankrupted company.
ins science I've recently seen similar fraud, for the sake of good,"because we ar right and opponents are not honest... but we will finally win". and when they are toasted, the moan that they are victims of lobbies. in psychiatry there is a psychosis pathology called (french) "Clivage" (mean breaking cleanly, like a gem) that allow one person to ignore she is lying to herself, yet at the same time she do everything to avoid being confronted to the reality, including fraud and lies. 2012/7/25 David Roberson <dlrober...@aol.com> > There was actual fraud in the case of Enron from what I have seen. > These guys manipulated the system to drive up energy costs. I am sure that > there were many honest employees that had nothing to do with the deception, > but this was not just ignorance at work. > > Dave > > > -----Original Message----- > From: Jed Rothwell <jedrothw...@gmail.com> > To: vortex-l <vortex-l@eskimo.com> > Sent: Wed, Jul 25, 2012 10:04 am > Subject: Re: [Vo]:"Too Big to Fail" movie portrays institutional disaster > > Alain Sepeda <alain.sep...@gmail.com> wrote: > > >> about Enron, >> read >> >> http://www.princeton.edu/~rbenabou/papers/Patterns%20of%20Denial%204l%20fin.pdf<http://www.princeton.edu/%7Erbenabou/papers/Patterns%20of%20Denial%204l%20fin.pdf> >> it was sincere self delusion leading to perceived as rational "honest" >> fraud, and not simple scam. > > > I agree it was self-delusion. I think that is more common that people > realize. Con-men often con themselves. > > That is a really good paper. This is "Appendix A: Patterns of Denial." > Appendix A to what? Here is the main index of papers: > > http://www.princeton.edu/~rbenabou/papers.html > > - Jed > >
