Summary of enron the smartest guys in the room

on January 25, 2002, Baxter stopped his Mercedes on Palm Royale Boulevard, a mile and a half from his home. Less than 48 hours later, at about 2:20 A.M. But when the receptionist explained that the schedule was booked until February, Baxter hung up-he wasnРІР‚в„ўt going to wait that long. HeРІР‚в„ўd called the shrinkРІР‚в„ўs office that day to make an appointment. When Baxter returned from Florida, his doctor prescribed antidepressants and sleeping pills and told him to see a psychiatrist. But heРІР‚в„ўd sold the boat several months earlier. For years, heРІР‚в„ўd decompressed floating on Galveston Bay aboard his 72-foot yacht, Tranquility Base. РІР‚СљThat will never wash off.РІР‚СњР”Вesperate to get away, heРІР‚в„ўd spent part of the previous week sailing in the Florida Keys. ItРІР‚в„ўs as if РІР‚СљtheyРІР‚в„ўre calling us child molesters,РІР‚Сњ he complained. In phone calls and visits with friends, he railed for hours about the scandalРІР‚в„ўs taint. Then there was the media, pestering him at home a dozen or more times a day: Did he know what had gone wrong? How could AmericaРІР‚в„ўs seventh-biggest company just blow up? Where had the billions gone?Р’В No one, at this early stage, viewed Baxter as a major player in the companyРІР‚в„ўs crash. Baxter was convinced they were having him tailed-and rummaging through his familyРІР‚в„ўs trash. Would he have to testify against his friends?Р’В The plaintiffsРІР‚в„ў lawyers had named him as a defendant in a huge securities-fraud suit. A congressional committee had already called the FBI and SEC would surely be next. Always given to mood swings, he had become deeply depressed in recent days, consumed by the spectacular scandal that had engulfed his old company.Р”В®veryone seemed to be after him. But as he cruised the empty streets of Sugar Land, Texas, Baxter was drowning in dark thoughts. Baxter was rich, too-thanks to a generous helping of stock options, a millionaire many times over. Before quitting his job eight months earlier, he had served as vice chairman of a great American corporation, capping a decade-long career as the companyРІР‚в„ўs top deal maker. Then, dressed in blue jogging slacks, a blue T-shirt, and moccasin slippers, he climbed into his new black Mercedes-Benz S500 and drove out into the night.Р”Р„t 43, John Clifford Baxter, the son of a Long Island policeman, had made it big in Texas.

The door alarm didnРІР‚в„ўt make a sound as he entered the garage heРІР‚в„ўd disabled the security system before turning in. Then he stepped quietly through his large suburban Houston home, taking care not to awaken his two children.

He stuffed pillows under the covers so his sleeping wife wouldnРІР‚в„ўt notice he was gone. On a cool Texas night in late January, Cliff Baxter slipped out of bed.

Summary of enron the smartest guys in the room