Monthly Archives: May 2012

McKinsey Is Evil, Says Person On Twitter

God I love Twitter. I really do. There is a certain chaos that just thrills me. So there I was, minding my own business, when someone named Dubai At Night said that McKinsey was responsible for the collapse of Enron. Of course, I had to speak up. I said that “They approved it bc it was legal. The trading models had nothing to do with the collapse of Enron. McKinsey was clean.”

And at the slightest whiff of push-back, this person went all defensive and crazy:

The whole thing is indicative of the ego problem on Twitter specifically and the net at large. You think you have a monopoly on info, and you don’t. And it is unwise to tangle with people who know more than you do.

To address the issue of McKinsey specifically, McKinsey might have been involved in analyzing trading strategies, but I cannot see McKinsey saying anything about how Enron handled its financial reporting. McKinsey consultants are not accountants, and few have accounting backgrounds.

The other problem with attacking McKinsey is that McKinsey consultants offer advice and the analysis behind their advice. They are not attorneys nor accountants. If a client likes McKinsey’s analysis and advice, it is still the responsibility of the company to vet the ideas with their attorneys and CPAs. McKinsey consultants do not have the kind of liability that those other professionals have — this is mostly good because the point of having consultants around is for out-of-the-box thinking.

So even without addressing the central thesis of this person’s tweets, I can discount them because he doesn’t seem to understand the role of McKinsey. And I would bet anyone ten thousand dollars that he did not write any such “report” on behalf of McKinsey for Enron Corporation.

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Enron and Koch: The Conspiracy That Wasn’t

The word “Enron” is a cognitive kill switch for libs – as is the word “Koch.” Therefore, the combination is explosive. As in: it makes their heads explode.

Thus, this post at the Daily Kos is full of crazy hilarity.

The Actual Confidential Emails by Enron Employees Shared with Koch Employees, the Year right Before the Enron Scandal Became Known

Enron’s scandal became known on October 2001, but throughout the year of 2000, Enron Execs sent out copies, forwarded, or blind copied emails to the same Koch employees involving deregulation of commodities. Prior to 2000, Enron and Koch already had a history together, involving them creating the first weather derivatives. In 2001 Enron makes the news because they go bankrupt. Koch Industries has been around for many years, prior to Enron being created in 1985. Unlike Koch, Enron had none of the power and political influence the Koch brothers wheel. Today Koch Industries have increase their need to dictate today’s politics and having influence over the economics of this country. They have an open battle with President Obama and any agency such as the Environmental Protection Agency that would try their hands regulation.

Um. Okay. It links to another post by someone I’ve never heard of which supposedly reprints some emails from Enron to Koch.

Honestly I didn’t bother to read them because even if every word is true, what is that supposed to prove?

The hysteria about Enron continues to amuse me. Keep it up, morons.

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Dewey & LeBoeuf Collapses In Largest Law Firm Bankruptcy Ever

NYT alerts:

Dewey & LeBoeuf, the New York law firm crippled by financial miscues and partner defections, filed for bankruptcy on Sunday night, punctuating the largest law firm collapse in United States history.

The filing, made in Federal Bankruptcy Court in Manhattan, marks the final chapter in a turbulent period for the New York-based Dewey, which unraveled after disappointing profits and prodigious debt forced it to slash partners’ salaries. The partners, already owed millions of dollars from prior years, grew concerned over the firm’s finances and their ability to get paid. A partner exodus destroyed the firm.

“This is a very sad day for the legal profession,” said Richard J. Holwell, a former federal judge in Manhattan now in private practice. “Dewey is a fabled firm with a lot of great lawyers and a demise of this magnitude is unprecedented.”

While this is sad news all around, it is also an almost photographic description of what happened to Enron Corporation. The unserviceable debt, certainly, reminds one of Enron. But what seems more germane to me is the exodus of partners. Enron didn’t experience that – at least not exactly. By the time Jeff Skilling, Ken Rice, Cliff Baxter and Lou Pai had left, the company’s culture had changed somewhat, but it was still in good hands with Ken Lay at the helm. But the partners, counterparties, and clients left. They, like Dewey’s partners, weren’t sure they’d be paid. And without that trust in the system, it collapsed seemingly overnight.

It is a sad day for a once-great firm. But I take a little bit of smug pleasure in there being another real-world example of how a good company can collapse without criminal wrongdoing.

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About Enron Broadband Services (From The EBS Website)

This is the text that was on the Enron Broadband Services website:

About Enron Broadband Services
Enron Broadband Services (EBS) delivers the intelligent platform for the emerging Net economy: the Enron Intelligent Network™, which is a Pure IP™ broadband overlay to the Internet. We also provide rich multimedia ePower™ application services that enhance online commerce and communications.

We offer ISPs and content providers a range of bandwidth transport solutions that enable businesses to scale capacity quickly to handle high traffic and high bit rate needs. A wholly-owned subsidiary of Enron Corp. (NYSE:ENE), Enron Broadband Services is headquartered in Portland, OR and has offices in Houston, New York and London.

Our vision is to create an intelligent network platform that is optimized to deliver high-bandwidth products and services quickly and effectively, enhancing the way people conduct business online. Optimized for data and with intelligence designed directly into the network layer, the Enron Intelligent Network extends beyond the classic definitions of a static infrastructure of fibers, switches and billing systems. The Enron Intelligent Network is a dynamic communications environment designed to optimize high-bandwidth ePower application services.

Together, the Enron Intelligent Network and the ePower™ application services it delivers will extend and redefine the capabilities of the public Internet. We’re revolutionizing the types of information that can be efficiently sent and received, enabling businesses to communicate and collaborate more efficiently and effectively online.

EBS also provides bandwidth transport solutions to enable businesses to scale quickly and easily to meet the demands of high traffic, high bandwidth communications. Our solutions include bandwidth on the commodity market, dark fiber sales, and strategically located windows of fiber, Advanced Fiber Transport Solutions. Enron Broadband Services is delivering the platform for the emerging Net economy. We are rapidly building our Enron Intelligent Network-a global fiber backbone and data network — and furnishing this network with advanced, ePower™ application services for sale via our channel partners. By the year 2000, our backbone will cover approximately 20,000 miles and will carry data, video and multimedia content at speeds up to 10 gigabits-per-second (OC-192).

We serve carriers like Inter Exchange Carriers (IXCs), Regional Bell Operating Companies (RBOCs), Local Exchange Carriers (LECs), wireless data network providers and Internet Service Providers (ISPs). Enron Broadband Services serves major content providers and end users who expect more from the Internet. Our ePower™ applications and services are delivered over the most flexible, high-speed, reliable and fault tolerant network available, our Enron Intelligent Network.

Who are the People at Enron Broadband Services?
Our seasoned team of telecommunications, internetworking, and Internet experts come to us from such organizations as MFS/WorldCom, MCI, GTE, Netscape Communications, UUNet, Tektronics, US West Enterprise and Electric Lightwave. We are continuing to add energetic, enthusiastic professionals in all areas of the organization, including network engineering, operations, marketing and sales.

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Skilling Seeks New Trial, Cites New Evidence

Reuters UK has filed a report detailing Jeff Skilling’s new plea for a new trial.

ailed former Enron Corp. Chief Executive Officer Jeffrey Skilling is seeking a new trial citing “newly discovered evidence,” according to court documents.

Skilling was convicted in 2006 on charges including conspiracy and securities fraud in relation to the 2001 collapse of the one-time energy trading giant Enron. The 58-year-old is now serving a 24-year jail term.

Skilling attorney Daniel Petrocelli has asked a judge for more time to file a “motion for a new trial based on newly discovered evidence”, according to court filings last week in Houston federal court.

The court papers did not detail the new evidence.

U.S. District Judge Sims Lake on Monday ordered a May 25 hearing on the motion.

Skilling as chief executive led Enron’s transformation from a sleepy natural gas pipeline company into a global energy trading powerhouse, which disintegrated in bankruptcy in 2001.

After Skilling was convicted, his case was heard by the U.S. Supreme Court, which invalidated one theory underpinning the conspiracy conviction, and instructed an appeals court to review the case again.

But the U.S. 5th Circuit Court of Appeals in New Orleans later found any error committed by the trial judge was “harmless.”

The case is U.S. v. Skilling, U.S. District Court for the Southern District of Texas, No 04-0025.

This is great news, but I worry that by going in front of Judge Lake again, Skilling’s chances don’t look good. Lake was rather overtly hostile to Skilling during his original trial in 2006, granting prosecution motions and objections nearly 50% more often than defense motions and objections, being sarcastic at times, and ultimately refusing to consider even a five month reduction in Jeff’s outrageously severe sentence so that he might serve time in less restrictive prison.

His granting of the “financial institution” enhancement in the sentencing was corrected by the Fifth Circuit and that has to sting. So while Jeff is infinitely innocent and infinitely correct to ask for a new trial, the deck is stacked against him.

I do hope that I’m wrong.

It would be terrific if Judge Lake looked at the facts of the case with the benefit of hindsight (i.e. the collapse of both Bear Stearns and Lehman Brothers) and seasons his judgement on the new trial with the certainty that the first one was a farce. My fingers are crossed.

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Is There Money In This?

This weekend, I was asked a question that is rapidly becoming the most asked question of me. “Do you make money from your blog?”

The answer is no.

I have never made a cent off my blog. I don’t do advertising. I simply write about Enron because I love the company and because writing about it delights me. There is nothing else that makes me as happy.

So for ten years I’ve been honing the most useless skill set in existence: writing about a dead company.

I’m cool with the limited nature of this enterprise. I have thought about expanding the blog to include other companies, and maybe start advertising, but every time I do that I feel dread and just shrug off that idea. I don’t want to write about anything other than Enron. The heart wants what it wants, and all that jazz.

There are a few non-blog Enron-related things I’m working on that I do expect to generate money, but my blog will remain a time-sucking, income-depleting work of never-ending pleasure and joy for me. And that’s just how I like it.

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Disco Enron

Big emailed a YouTube vid of animated characters dancing to “Hot Stuff” by Donna Summer, and informed me that is his favorite disco song.

Lord knows Big has some excellent qualities, but seriously, what happened to his taste in music? Hot Stuff? What about On The Radio? Or Last Dance?

Anyway, he seemed really into disco today because he went on reminisce about the gold old disco days:

The Disco days were great. The women then make me think of what flappers must have been like during The Roaring Twenties.

It seemed like everybody was dancing back then. I remember that people did not even go home after work — they went straight to the Disco clubs. The women would change their clothes at work and then head to the club.

The thought of **any** of the Enron guys dancing – much less disco – cracks me up. But Big should not dance. I adore him, but dancing is not his friend. Still, I would pay good Yankee dollars to watch him bust out some moves to Hot Stuff.

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At Any Cost

I have placed my new novel, At Any Cost, on Amazon for $3.99. This is what I’ve referred to a few times as “the Secret Service book.”

Here’s the summary:

Fallon Hughes is like any young attorney suffering through her first year in a white-shoe Washington, D.C. firm: overworked, exhausted, and lacking a social life.

She’s also the daughter of the President-Elect of the United States.

Tom Bishop is the Secret Service agent assigned to protect her. After losing his wife on 9/11, he is not prepared to find himself attracted to the sexy, smart protectee. The ethics questions alone are explosive and despite the red-hot tension between them, he will not risk his career or Fallon’s reputation on a tryst that he is sure they will both regret.

When Fallon receives a phone call from a frantic young man who tells her he has information regarding a grave national security threat she agrees to meet him at a public coffee shop. He never arrives. The next morning, she hears on the news that he jumped off the roof of a building and killed himself.

Fallon suspects Antoine Campbell did not commit suicide and launches an investigation. Despite a growing sense of paranoia, Fallon is determined to prove Campbell was murdered.

At first, Agent Bishop tries to dissuade Fallon from becoming involved. He has reasons for wanting to keep her out of it, only one of which is professional. As the threats mount against the woman he loves, who also happens to be his protectee, he struggles to stay loyal to the Secret Service code, Worthy of Trust and Confidence.

When it becomes obvious that Campbell was murdered, Tom and Fallon must expose the conspiracy in her father’s administration before Fallon meets the same fate.

Set against the backdrop of Washington, DC, At Any Cost takes readers into the super-secret world of the Secret Service, the NSA, and ultimately the most private reaches of the White House.

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Repost: The Radical Light of Glaciers

When I was in middle school, my social studies class room was dominated by a large map that hung over the white board, which the teacher would roll up during tests. The map was dominated by Siberia, a sprawling white mass on top of the globe. It filled one-twelfth of the land mass of the whole Earth, yet that was all I knew for certain of the place. A bleak beauty and indelible fear surrounded the entire subject. As we learned about the ice fields and snow, the emptiness became a source of obsession for me. Its white spaces seemed to recede into fantasies and apprehension: permafrost: great cities lost among ice floes, where mammoths sleep under glaciers: gulags, and the slow rebuilding of nuclear missile silos. The violences of geography and time seemed too cold and too vast to be precisely real.

As I am driving down a black-top road in another place that seems to me as foreign as, and much less beautiful than, Siberia, the memory of my middle school map puzzles me. Why does this place conjure the same vast loneliness of Siberia? What is it about isolation that makes me feel so at home?

The answer impends through the darkness of my imagination, and presents itself just as I see the first sign for the prison: It is the place from which you will not return. Where you freeze in time.

I am going to prison to interview a person who, I believe, has something important to tell me about Enron. My Enron book has turned me into a journalist; it is a lifestyle and a pursuit that suits me well. I am born to write, of course, but I never believed that Enron, dead now ten years, would become such an all-consuming passion – the subject that will define my ability.

I am nervous about meeting him because like everyone else I know who worked there, I am in awe of this person. I realize that is not very journalist-like, to love your subjects the way I do, but it’s the only way I know how to write. I must feel compelled; I must be motivated by my own strangling desire to know.

The prison is located in the middle of nowhere – the Siberia of America. The building looks like a rejected entry for the LBJ Library.

I have been warned that the correctional officers can be jerks; they can decide, arbitrarily, that I will not be allowed to visit today. I’ve been given a sheet that tells me what I can and can not wear (no open toe shoes, for instance, no short skirts.) I have dressed in a way that no-one could possibly find fault: black wide-leg pants, a white shirt, black cardigan, smart patent leather heels – but not too high. I’m the very picture of modesty. I am, in fact, plain as an Amish schoolteacher.

Despite my fears of being manhandled, and the warnings that they are jerks, the correctional officers are polite to me and they do not seem to even care what I am wearing (success!). It takes about forty minutes before I am admitted into the visiting room.

The visiting room is small. My eyes scan the people at the tables, and snag when I recognize him. We have written letters for nearly a year and I feel like I know him intimately, but this is the first time I’ve actually seen him. The shock of it sort of dazes me. He is looking at me, wondering if I am me, and I smile. As I approach, he stands up. He is wearing khaki prison clothing, and when I hug him, I feel his body lean underneath the heavy fabric. For those two seconds, I noticed that he feels warm and good.

I am not allowed to bring anything into the room with me – no notebooks, no pens, no cell phones. Only a bit of cash for the vending machines. I buy us Cokes and M&Ms. To my surprise, though I was nervous, there is no awkwardness at all. Like our letters, we fall immediately into conversation about who we know in common, who said what, and the personal details of our daily lives.

His eyes are calm and intelligent, though they seem to dim at times and a weary cant comes to them, like clouds suddenly appearing on a sunny day. At one point I ask if he is lonely – a question that seemed ridiculous to myself as soon as I asked. He says he tries not to think about things in terms like that. “Loneliness is a negative,” he says, “I don’t spend a lot of time thinking about what I don’t have.”

“What do you think about, then?”

“I daydream a lot.”

It seems impolite to ask what he daydreams about, so I didn’t prompt him. Instead, I changed direction and asked him about some of the challenged Enron transactions, the things that would be on the record in my book, the data clusters that would complete the picture of Enron.

Yet the conversation did not stay on that trajectory. We kept talking about personal things. Though it was in no way romantic, I was reminded of that particular experience of being newly in love and telling my beloved the story of my life. It is a universal discussion; every couple in the world has had this conversation. It is edited and truncated, but it is the first introduction into the history of each other. As he spoke, I listened with the queer, new experience of already knowing this. I’d read books, I’d talked to others, I’d researched the public record. It was unnerving to have pre-determined opinions about him.

At some point, he was talking about something that had been painful to him, and I reached across the table and took his hand. That strange darkness came to his expressive eyes, like he was looking out at the burned chapels and razed fields of his past, and I wondered if I’d made a terrible mistake. As I began to move my hand, he covered it with his other hand. “It’s nice,” he said.

I knew he was lonely. I knew why he hadn’t answered me directly: silence gives dignity to the suffering, and intensifies it.

The warm, pleasant contact was not romantic. It was not sexy. That added a strange, intimate dimension to it, which humbled me.

The meeting lasted six hours. As visiting hours came to an end, we said goodbye but I was reluctant to leave. I felt the need to impart myself to him, to give him myself so he would be a little less lonely. As he hugged me goodbye, I pressed a chaste kiss to his cheek.

That evening, in the hotel, I could not sleep. I kept thinking of my friend. I got out of bed and drove my rental car around the small town. I found a park, and sat on a bench under the thumbprint moon, thinking about the private pain in each of us, the Siberian loneliness that attacks at odd hours. But I remembered those fortunate moments, too, inexplicable in their wonder, in which a cold sun shines, substantial and explicit, bright as glass, inexhaustible, and true, melting the glaciers, creating a small path for one soul to tentatively, gently, touch another.

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Why Ask Why?

Seth Godin has a great blog post today that I think is infinitely relevant to Enron. Here is the post in its entirety:

“Why?” is the most important question, not asked nearly enough.

Hint: “Because I said so,” is not a valid answer.

Why does it work this way?
Why is that our goal?
Why did you say no?
Why are we treating people differently?
Why is this our policy?
Why don’t we enter this market?
Why did you change your mind?
Why are we having this meeting?
Why not?

Enron’s “Ask Why” campaign was more than just a snazzy marketing tic. It was a genuine question and it encompassed the ethos of the company. I think the executives, and possibly the employees, thought of these questions every day. That’s what made them so great.

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Pigeons (Or What I Wanted To Say)

I.

The pigeons that lived on my balcony those years ago were perfect – small, solid shapes like napkin holders on the railing, gray as puritans. I woke to their cooing, then, in spring, their fucking, noisy as Italian porn stars.

Eggs would appear soon after, in nests fashioned from leaves and twigs from the giant tree that grew nearby and cast the long sepia shadows over my plain white walls in the evening. The eggs were brave and dreamy as hyacinth. These small ovals, seeming pulled from the pigeons’ very souls. Remember how I rescued one, that one time? The egg had somehow rolled from the warm nest to the cold concrete. I was determined to pick it up and return it to safety, beside its sleeping twin. You fretted that the mother would reject the baby if I touched the egg. I had heard that folktale too, so we consulted Google. Opinion was divided. We waited until the father returned in the evening, when the mother finally got off the remaining egg. I stepped outside, trying to be as unobtrusive as a shadow, and gently picked up the egg and returned it the nest. Days later, I woke to find two gray hatchlings in the nest. They were tufted with soft yellow down. Their eyes were sealed shut. Their helplessness touched something in me. I think it was the first time I recognize honest helplessness and the role it played in the animal world. In my own world.

“You saved them,” you said to me when I showed you. You said it with a little bit of pride – you trusted my instinct to return the egg to the nest. You would never doubt my pigeon mojo again.

Generations of pigeons were born and fledged on my balcony. I loved them as pets. I would recognize them in the plaza with other pigeons. I knew my pigeons. I could pick them out in crowds of hundreds. Though I cannot explain it, the pigeons seemed to trust me. They would allow me to hand-feed them, to pick up their young when I wanted to handle something fragile and precious, to help. Where once there had been one kind of infinity, now there were two.

When I left, I missed the pigeons. I’d think of them, and myself, slowly learning the pigeon’s nature. Of the weird connection to them – possibly the only connection to another living creature that did not rely on praise to sustain goodwill. Even to a dog, one must say, “Good boy.” But to the pigeons? Anything I had to say to them was insignificant. My affection was based only on mutual joy. They liked my balcony; it seemed a good place to breed. I liked them.

I know it is irrational but even two thousand miles away, I would wonder if I’d ever see them. I’d open my curtains and hope to find them on the railing.

II.

Remember when we used to play Crazy Lady Who Wants To Meet The President? We were in Manassas, wandering the battlefields, and I’d run at you, screaming “I wanna see the president!” and you’d grab me, somehow get me onto the ground while I laughed hysterically. You managed to never hurt me as we were playing. I would say, “No, really show me how strong you are,” wanting to really see how you’d handle some crazy lady charging the president but you would still somehow get me gently on the ground, immobile, neutralized, but unharmed. It was only later I realized you were showing me how strong you were. That restraint – I didn’t bless it then, but I do now.

Yesterday, when I ran into you for the first time in five years, I felt that same restraint from you. I felt the weird dream-like knowledge that of course this was going to happen. Of course. I live only across the street from you. We were going to bump into each other; it was practically destiny. An accident that had to happen. But when it happened, it was still a shock – it is always a shock when fate slaps you, when you get what you deserve. I burst into tears, and could say nothing.

“Hi Cara,” you said with a little smile, as sweetly and calmly as if I had never gone away. You held out your arms and I fell into them, crying, shaking, trying to regain myself. You felt just like you always had – strong and solid as a wall. I always thought of you as a wall, a division between me and the rest of the world. You were protective, and you didn’t let any of the riffraff through. For ten years, you didn’t.

We talked for an hour, standing there in the rush hour pedestrian traffic. You made me cry once more when you talked about Bo, but aside from that small outburst of emotion, everything about our meeting was perfectly normal. I kept thinking you look tan, and your eyes look very blue, and you look cute in your white shirt and olive pants. I was used to seeing you in those dark pinstripe suits. The new look suits you. I was thinking I wanted to suspend time and talk forever. Talk about the past, and the present, the good and bad times.

“It was all worth it,” you said suddenly. “All the bad times. Because you’re here now.”

I felt it then. The pang of unworthiness that is built into Time’s name.

III.

The first day back, it was snowing. I went to the mall and bought a gorgeous Calvin Klein coat and some warm boots and tried to ignore the fact you were so near to me. I marveled at myself in that moment. How could I care so much about someone who was only a friend? The attempt to be lovers had been a disaster. Not in a bad way, because nothing between us could stain permanently, but in just a very flat way. I guess this what people mean when they say they love you, they’re just not in love with you. In any case, I loved you. I just wasn’t in love with you. And it was mutual. And that was awesome.

You reminded me yesterday as we stood there and caught up how we used to go into DC and pretend we were clearing federal buildings – museums and such. You’d show me how to hold my fake gun, remind me not to point it at you, and then we’d play like four year olds. Remember prison cake? Remember meeting the president? Remember the US Mint police? Remember when my computer died and I lost my book? Remember you used to make those chicken wraps and you found a way to “hide the taste of vegetables”? Remember.

You quoted some of my own lines back at me, lines I’d written for books that I wrote on your living room sofa. “What was it?” you asked, squinting your eyes. “Something about a museum…”

I thought back, trying to remember. Oddly, the memory of writing them was stronger. Me on your sofa, slaving away, asking for your input.

“Something like, I am a museum…” you prompted.

I knew what you were talking about but couldn’t remember it verbatim. I’ve just looked it up. Here it the paragraph you were thinking of:

Later, in his bed, it took him a long time to fall asleep. He was reluctant to abandon the keen awareness of Julia Anderson, who was somewhere in the world, maybe thinking of him, but probably not. When sleep finally came, he dreamed that he was at home in Chicago and that he was talking to Julia on the back deck of his parent’s two-story Colonial. “What do you know of me?” Julia questioned. She held both hands over her heart, as if she were pleading with him.

“I am a museum filled with the art and science of you,” Jon replied.

I see the weaknesses in it now. I see that the “two story Colonial” says nothing about how he is feeling. It evokes nothing but bland upper-classness. And the character – Jon – was anything bland. He would have been more accurate in his thoughts. He would have said something about the emotional character of the place. Secondly, the fact that I put in a dream sequence is rather weak. I know better now not to hide what you really want to say in fugue states. Just say it, and live with the consequences.

All this was present even the first snowy day back; the air was familiar. I plodded through the powder to get a salad at Cosi and wondered if you were home too, and what would you think if you were trekking out for lunch too, and saw me? Would I look the same? Would you?

When I returned to my place, it was filled with pale pearl winter light; I’d left the curtains open to watch the snow. And there, on the railing, stood two pigeons.

They were not the same old pigeons. They were new to me. But driven by some instinct, they had come to show me themselves. I took their puffed-up, cold figures as a good omen. I knew then that you would be around again.

IV.

Friendship is not retroactive. There is no sense in wishing that we could be exactly as we were or in fact that we will ever be anything again. Yet I have one solitary plea. You owe me nothing, of course. You gave me more than any person has the right to expect in this lifetime. And yet I am asking for one more thing. Just one more.

I am asking that your accidents become promiscuous as roses.

V.

Whether we choose it or not, we entered Infinite Mode a long time ago. Somewhere along the way you – like the character Jon – will wake from a telling dream, and know the faithless memories declare allegiance not to you or to me, but only to the truth.

The mistakes I made could fill the Library of Congress. I learned only after I met you that love is a verb. It isn’t just a feeling – it’s the actions that support the feelings. I see now that you understood that all along. But as you know, I’m a slow developer. And a social creature.

I would do it better now, though I am not asking for that opportunity. I understand the reasons for the frozen gulf between us. I respect that calm space. I imagine I can wave from the battered banks, and you might wave back, and it will be enough. Some people, you know, create marriages and lives together. This is what we created, and we should bestow it with respect. It might not be flashy or very satisfying, but it is perfect because it is ours.

You said there was nobody you got along better with, nobody who got you like I do. Well, my darling, the same is true for me. That is our punishment for our stupidity, I suppose.

Though I hardly recognize these streets without you, I do not want my life to become a living past. Frame after frame of “remember when…”

There is a repeated vacancy, of begging for your jokes and your sweetness. But it is no longer unbearable. There is silence and quiet in that longing; I feel no reason to give voice to it. Light mixed with snow. Sun on glass. What magnificent disorder.

If you change your mind, you know where to find me. For as long as we occupy these same streets, there will always be tension between us, like the distance between a sparrow and a cat – though that sounds predatory and I don’t mean it that way. I just mean there is a lifetime of potential in that space. Atoms crashing.

Find me in June, okay? With A.

And I do believe – oh God I know – that Bo is real.

With love, as ever –

C.

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The Mighty Broadband Avengers!

“And there came a day, unlike any other, when Earth’s mightiest broadband heroes found themselves united to a common cause. On that day, the Broadband Avengers were born — to create the broadband company no single super hero could build.”

The Mighty Thor, Joe Hirko — A hero, somewhat out of place in the world of broadband who, nonetheless, adopts the industry and brings the power of thunder and lightning to the mission of evangelizing a new and better broadband firm, EBS.

The Incredible Hulk, Scott Yeager — A man of ideas who can turn into an irresistible force — as the Enron Task Force found out, you don’t want to make Scott Yeager angry!

The Invincible Iron Man, Rex Shelby — A creative and playful genius with a soft heart who becomes an unstoppable force when he dons his BOS-powered body armor.

Captain America, Michael Krautz — The all-American family man who uses his goodness and his shield of honesty to defeat the evil of the Enron Task Force.

Hawkeye, Kevin Howard — The master archer of accounting who fired arrow after arrow of truth and logic against the evil prosecutors who hounded him relentlessly.

And who is Loki, the villain of this tale? That’s easy:

The Evil Loki, John Kroger — The dark god of deception — egomaniacal, petty, and jealous of those with real talent — he barks loudly, but was afraid to actually face the Broadband Avengers.

Wait, we’re missing the beautiful, brilliant, deadly Black Widow — I guess that’s Cara Ellison! : )

“They heeded the call — Broadband Avengers Assemble!”

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John Arnold To Retire From Hedge Fund

John Arnold is retiring from Centaurus Energy, the hedge fund he founded after the collapse of Enron Corporation. Details can be found here

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Andy Fastow Speaks At Tufts University

Andy Fastow has spoken for the second time since his release from prison. I’m still trying to decide what to think of it, but maybe you will read the article and feel like everything makes sense.

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Agenda For ECI-Lucent Meeting (March 14, 2000)

Agenda for Enron’s meeting with Lucent on March 14, 2000.

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