Andy Fastow, every mention

Enron · Acquired Nov 29, 2022 · 16 mentions

• ▶ 3:03:59 David Rosenthal On the one hand, I'm sort of loathe to promote anything from Andy Fastow, just
• ▶ 3:04:04 David Rosenthal Given the story we just told on the other hand, he did his time.
• ▶ 3:04:08 David Rosenthal He served a sentence.
• ▶ 3:04:09 David Rosenthal He's remorseful and making amends.
• ▶ 3:04:11 David Rosenthal But I think if you look at what's been reported about what he says publicly and what he says in all of his speaking engagements that he does, this is his message, right?
• ▶ 3:12:20 David Rosenthal My biggest criticism of it, though, is that it makes Fastow out to be the primary villain.
• ▶ 3:12:28 David Rosenthal No doubt he was a huge villain.
• ▶ 3:12:34 David Rosenthal He was helping Enron perpetuate this incredible fraud, and he was directly embezzling and stealing money through all of the crazy partnerships and like the copper deals and like all of that stuff.
• ▶ 3:12:48 David Rosenthal And Eichenwald makes him out as such to be the primary villain, and it's not that he goes easy on Lay and Skilling.
• ▶ 3:12:55 David Rosenthal They come out looking bad too, but in many ways not as bad as Fastow.
• ▶ 3:13:13 David Rosenthal Do you think Fastow was really the worst person here?
• ▶ 3:13:17 David Rosenthal And she was like, no, it's not just that Fastow is bad.
• ▶ 3:13:23 David Rosenthal And she didn't say this explicitly, but I thought about it, and I was like, Fastow stole about 40 to sixty million out of Enron directly, right?
• ▶ 3:13:39 Ben Gilbert Fastow was doing it without board approval.
• ▶ 3:13:51 David Rosenthal Fastow was to, like, directly steal, right?
• ▶ 3:13:57 David Rosenthal Like I said, it's not like I, I still feel a little bit icky about, like, promoting what Fastow is saying now, but I think my conclusion at the end of this is Lay and Skilling truly were the worst, and the government was right to cut plea…