Contour Enthusiasts Group Archives Forums General Common Interests Whose books are more crooked, Worldcom, Enron, or the Federal Government?

Cubicle Crimes
By SCOTT ADAMS

ANVILLE, Calif. ? Apparently, without anyone's noticing, our entire universe collapsed into a black hole and emerged in another dimension where everything is backward: Bill Gates (who used to be evil) is spending billions to vaccinate children in third-world countries, while the Catholic Church (which used to be good) is defending priests accused of molesting children. The stock market (which used to go up) now only drifts downward. And the surest way to lose respect is to mention you started a dot-com.

But here's the strangest backwardism of all: People seem surprised that captains of industry are stealing vast amounts of money at every opportunity. Back in our old dimension everyone assumed that C.E.O.'s and C.F.O.'s were weasels. Now it's big news.

I think it's useful to put these corporate scandals in perspective. Every employee I ever worked with in my old cubicle-dwelling days was pillaging the company on a regular basis, too. But the quantity of loot was rarely newsworthy. My weasel co-workers were pocketing office supplies, fudging expense reports, using sick days as vacation and engaging in a wide array of work-avoidance techniques.

Most people rationalize this kind of behavior by saying that corporations are evil and so the weasel employees deserve a little extra. The C.E.O.'s and C.F.O.'s aren't less ethical than employees and stockholders; they're just more effective. They're getting a higher quality of loot than the rank and file, and for that they must be punished.

I have some friends in law enforcement who say the only crooks that get caught are the stupid ones. Assuming this holds true for C.E.O.'s, it's bad news for the economy. I have to think that at least a few of the executives who are running billion-dollar companies are smart, so we might be seeing the tip of the weasel's tail here.

The typical C.E.O. legal defense ? and it's a good one ? is to place the blame on plain old massive incompetence, not on evil. If I end up on the jury for one of those trials, I'll be torn. On the one hand, I'm predisposed to believing that executives are indeed clueless. But on the other, I'm enough of a weasel to vote guilty just to watch a C.E.O. cry. I lost a lot of money on Enron, Tyco and WorldCom. (Yes, I owned stock in all three.) So I might enjoy being a juror on one of those cases. I might even volunteer. And when I sign in to the jury room each morning, I'll steal the pen, because frankly, I deserve it.

Scott Adams, a cartoonist, is the author of the forthcoming "Dilbert and the Way of the Weasel."

Originally posted by javaContour:

I'll try to find a link to what my company's CEO said about this, but I believe his answer to the call by many in congress for reform of corporate accounting, is sure, you go first.
TB

Originally posted by gwellington:

Quote:

Originally posted by javaContour:
[b]
I'll try to find a link to what my company's CEO said about this, but I believe his answer to the call by many in congress for reform of corporate accounting, is sure, you go first.
TB

Let's see, the Federal Government budget decisions are made in public, on the floor of the Congress and in the White House, by representatives and a President elected by the people, who can unelect them if they don't like the accounting practices, and none of the people involved are paid more than $200,000 per year. On the corporate side, decisions are made in secret, with the decisions hidden from the shareholders, who really can't engage in a successful proxy battle to remove them, and from the employees, who stand to lose everything, and the corporate CEO's and their cronies are paid millons per year. No, I don't see the parallel....[/b]

Originally posted by gwellington:

Quote:

Originally posted by javaContour:
[b]
I'll try to find a link to what my company's CEO said about this, but I believe his answer to the call by many in congress for reform of corporate accounting, is sure, you go first.
TB

Let's see, the Federal Government budget decisions are made in public, on the floor of the Congress and in the White House, by representatives and a President elected by the people, who can unelect them if they don't like the accounting practices, and none of the people involved are paid more than $200,000 per year. On the corporate side, decisions are made in secret, with the decisions hidden from the shareholders, who really can't engage in a successful proxy battle to remove them, and from the employees, who stand to lose everything, and the corporate CEO's and their cronies are paid millons per year. No, I don't see the parallel....[/b]