Wise Decision: Sherron Watkins Letter to Kenneth Lay

Sherron Watkins wrote this six page letter from Kenneth Lay and there is a danger. Do you think she should write this letter? Why. When Sherron Watkins decided to write a six page letter to Kenneth Lay, she ran a lot of risks. She risks the safety of work, individuals and families. This is because she may be fired, charged, blacklisted, arrested, threatened or killed by her by other senior executives who are responsible for the collapse of Kenneth Rey and Enron. For example, if she was dismissed, another employer could have a doubt about her ability because she was fired by "the most innovative com in the United States, Enron" It is difficult to find.

Enron's vice president, Sherron Watkins wrote anonymous letters to Kenneth Lay expressing concern over the future scandal. When Enron's investment and stock deteriorate, the partnership will also disappear as funds disappear at the same time. A major vulnerability has been opened in your account. Executives decided to deal with their mistakes as the stock price fell to $ 33 per share, dropping to nearly two thirds from the same period last year. On Tuesday, October 16, Enron announced the loss for the first quarter in the past four years. This is huge amount of US $ 618 million. The staff got into a panic and there was a good reason. Enron 's final decision was to prevent employees from selling shares on the pension scheme. Enron's stock price is trading at $ 15 this weekend.

On August 15, Sherron Watkins, Vice President of Enterprise Development, sent Lay an anonymous letter warning of company accounting practices. In the letter, "I am very nervous, will collapse in the wave of the accounting scandal," Mr. Watkins contacted a friend working for Anderson. Her view On August 22, Watkins and Ray met alone and handed him a six-page letter to explain Enron 's accounting problem further. She thought that using a law firm would create a conflict of interest but she talked to someone outside the company and then decided whether to swear that the company's law firm Vinson & Elkins would consider the problem Asked. They wanted to dismiss Watkins but they decided to oppose it in order to prevent litigation but consulted with the other executives, as the Texas law did not protect the company whistleblowers.

1. Sherron Watkins writes Kenneth Lay's letter on page 6 and is in danger. Do you think she should write this letter? Why. When Sherron Watkins decided to write a six page letter to Kenneth Lay, she ran a lot of risks. She risks the safety of work, individuals and families. This is because she may be fired, charged, blacklisted, arrested, threatened or killed by her by other senior executives who are responsible for the collapse of Kenneth Rey and Enron. For example, if she was dismissed, another employer could have a doubt about her ability because she was fired by "the most innovative com in the United States, Enron" It is difficult to find.