Annie Searle in Risk Universe: Dear member of the board
Whether you鈥檙e a board member of a retailer like Starbucks or sitting on a large financial services board like JPMorgan Chase, I鈥檒l bet you鈥檙e pleased at this point that you said no to SONY board membership. Though Enron is now nearly 13 years behind us, you may recall the U.S. Senate subcommittee finding that ultimately led to the passage of the Sarbanes-Oxley (SOx) Act in 2002, that 鈥渢he Enron Board of Directors failed to safeguard Enron shareholders and contributed to the collapse of the seventh largest public company in the United States, by allowing Enron to engage in high r