"Well, actually, I had been working as a consultant to former companies of Enron, or predecessor companies of Enron and, so, I joined in 1990 to really start our wholesale merchant business"
- Jeffrey Skilling
About this Quote
In this quote, Jeffrey Skilling is reviewing his professional journey leading up to his substantial function at Enron, an American energy business that as soon as stood amongst the biggest in the world before its notorious insolvency and scandal. Skilling's statement sheds light on his early career and the pivotal moment when he signed up with Enron in 1990, which marked the start of a transformative era for the business and himself.
First of all, Skilling points out working as a consultant to "previous companies of Enron, or predecessor business of Enron." This indicates that before officially signing up with Enron, Skilling was currently involved in the industry, utilizing his know-how to recommend entities that would ultimately become part of Enron. This experience likely supplied him with important insights and connections that proved beneficial when he later on transitioned into a more official function within the business.
Skilling's use of "I took part 1990 to truly begin our wholesale merchant service" highlights his significant contribution to Enron's development. The expression "begin our wholesale merchant company" suggests that Skilling played a vital role in initiating a new and ingenious sector of Enron's operations. The wholesale merchant business would eventually end up being a cornerstone of Enron's activities, revolutionizing how the business engaged with energy markets. His vision for establishing this part of Enron was instrumental in changing the business from a standard energy provider into an advanced energy trading powerhouse.
In a more comprehensive context, this declaration likewise highlights Skilling's enthusiastic and tactical frame of mind, which looked for not only to build on existing structures but also to innovate and pioneer brand-new techniques within the energy sector. His management in developing the wholesale merchant organization was an essential factor that at first propelled Enron to rapid development and success, though it also laid the groundwork for the complex monetary transactions adding to the company's failure.
Hence, Skilling's quote encapsulates a moment of expert aspiration, tactical foresight, and the start of a vibrant yet turbulent chapter in the corporate world.
This quote is written / told by Jeffrey Skilling somewhere between November 25, 1953 and today. He/she was a famous Criminal from USA.
The author also have 12 other quotes.
"Raising children is an incredibly hard and risky business in which no cumulative wisdom is gained: each generation repeats the mistakes the previous one made"
"Architects are pretty much high-class whores. We can turn down projects the way they can turn down some clients, but we've both got to say yes to someone if we want to stay in business"
