I was mesmerized by Malcolm Gladwell's "Open Secrets: Enron and the Perils of Full Disclosure" in the 8 January New Yorker. While it doesn't let Mr Skilling off the hook, Gladwell does argue that the info needed to declare Enron a house of cards had been long (and pretty much fully) available via public filings. Gladwell's intriguing point is that this is in part a byproduct of, as the title suggests, too much data available—the problems were hidden amidst thousands upon thousands of pages of filed info—and no one "saw it."
Before blogging became all the rage, Tom was posting book reviews and Observations (essentially early blog posts) to this site. You can find the archives below.
What we're talking about
on the front page.