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Corporation Member Testifies on Enron

“So,” said Stupak, pointing to a copy of the statement, “at least this line and a half here, that’s not correct?”

“I believe I’ve tried to answer that question,” Winokur replied.

Stupak finished the exchange by retorting “So, speak no evil, see no evil, hear no evil?”

Rep. Diane DeGette (D-Col.) also said she wondered how Enron’s board of director’s could have failed to oversee Enron’s financial deals.

At the end of the hearing, Winokur continued to assert that Enron’s board was misled. He said his greatest regret was that the board had not been warned about the company’s problems before it collapsed.

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“Nobody came to the board until August when it was very late,” Winokur said. “Not one person came to the board and said ‘we are uncomfortable here, we are uneasy.’”

—Staff writer Joseph P. Flood can be reached at flood@fas.harvard.edu.

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