The Enron Blog. Enron Reports Listing by D. Boje Ph.D. The Newsweek magazine (March 11, 2002) blames Enron's collapse partly on a vicious 10-year rivalry between Jeffrey Skilling, the former chief executive, and Rebecca Mark, who headed the company's water arm Azurix.
Ms Mark, known as Mark the Shark, claims she was forced out by the Skilling camp, a hard-working, hard-partying team which members called "The Mighty Man Force". A spokesman for Mr Skilling insisted he never saw Ms Mark as a rival. Cree's Conference Call Blues. I remember the first time the thought hit me that Enron might be a sham, or at least a candidate to sell short -- it was the day the newswires picked up the story that Enron CEO Jeffrey Skilling had gotten rude and crude with a hedge fund manager during the company's conference call.
What follows is a transcript of that short exchange, taken from the now-infamous Enron conference call of April 17, 2001. Operator: Richard Grubman of Highfield Capital.