enron oligarchies. enron had businesses that were losing immense amounts of money. so the company s cfo, andy fastow found extremely creative accounting methods in order to hide the losses, hide the debt, show profits that didn t actually exist yet in order to please wall street and keep its stock price high. this week it was revealed in the very same period when an in-house whistle-blower named sharon watkins was privately warning chairman ken lay that i am incredibly nervous that we will implode in a wave of accounting scandals, lay was assuring employees that i have never felt about the prospects for the company, and in fact urging them to buy more company stock. leadership knew we cooked the books, yet ken lay through the fall of 2001 was still telling others to buy, though he was dumping. many others who work for