To me, the Enron scandal was one of the greatest examples of greed that we have seen in the last ten years. The executives involved in the scandal were completely overtaken by the concept of profit and possessions. They literally did anything to ensure that "profit" was made, even if it involved illegally manipulating financial statements. As long as they could manipulate their statements and fool their investors, they were in good shape. Their end was inevitable, however. There was no possible way that Enron could have survived because of their lack of real cash, which they didn't have a lot of, of course. Eventually, it all had to come crashing down. The executives knew it was coming, so they sold their stock and got out. Six months after this, Enron is defunct, and thousands of employees and stockholders were left with nothing. The selfishness of a few crooks left thousands in the dust, wandering in the midst of the corporate world they once knew. Pretty incredible if you ask me. Selfishness in it's ideal form.
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Another interesting way to think about the Enron scandal is to ask: what is profit?
What exactly were the executives trying to produce? Should we accept such a narrow finical definition of profit?
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