The Widening Enron Circle
 
Stakeholders such as employees and suppliers were clearly affected and harmed by the collapse of Enron. But there were many others who were either directly or indirectly affected by the company’s practices. Below you will find a financial thumbnail of Enron that indicates how much money people have lost over time with Enron. The Arkansas Teacher Retirement System has not recouped about $5 million of its $30 million LJM2 investment. LJM2 was one of Enron’s many partnerships. The System also lost $35 million in a direct Enron investment. A public opinion poll about the matter and an audio file that talks about some thwarted stakeholder interests are also included. Other organizations such as investment banks are being brought into the Enron circle as well. Finally, the last two items show how organizational practices like Enron can have momentous effects on individual lives.
 
Enron Corp. “Company Tearsheet” (Forbes.com):
http://www.forbes.com/finance/mktguideapps/compinfo/CompanyTearsheet.jhtml?tkr=ENRNQ
 
 
“Poll: Enron Fallout Rising” New York Times/CBS News Poll:
http://www.cbsnews.com/stories/2002/01/25/opinion/main325699.shtml
 
“Enron and Blytheville, Arkansas” All Things Considered, National Public Radio, March 22, 2002. After Enron collapsed, the economy of Blytheville, Ark. suffered too. NPR's Jim Zarroli reports that residents of this Mississippi River town were surprised by the important role that Enron had played in keeping local businesses alive. Now many of the residents are looking for work.
http://search1.npr.org/opt/collections/torched/atc/data_atc/seg_140358.htm
 
“Big banks and Enron partnerships --Lawsuits claim top investment banks share responsibility":
http://www.msnbc.com/news/713979.asp
 
J. Clifford Baxter:
http://www.chron.com/content/news/photos/02/04/11/letter/popup2.htm
http://archives.cnn.com/2002/US/01/25/enron.suicide/
http://www.forbes.com/2002/01/25/0125baxter.html
 
Sherron Watkins
Letter to Kenneth Lay from Sherron Watkins (requires Acrobat Reader or equivalent):
http://abcnews.go.com/sections/pdf/layletter020115.pdf
 
TIME.com's Person of the Week — For putting it in writing and marking the investigative trail, unintentional informant Sherron Watkins,” by Frank Pellegrini, January 18, 2002:
http://www.time.com/time/pow/article/0,8599,194927,00.html
 
The Woman Who Saw Red — Enron Whistle-Blower Sherron Watkins Warned of the Trouble to Come,” By Jennifer Frey, Washington Post, January 25, 2002:
http://www.washingtonpost.com/ac2/wp-dyn?pagename=article&node=&contentId=A35005-2002Jan24&notFound=true