how did sherron watkins show honesty

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Sherron Watkins, former vice president of Enron Corporation, plays a pronounced part in the history of whistleblowers who blew the whistle on corporate companies. Honesty and honor can flourish in a business when practiced by its leaders. Sherron studied accounting at Texas University in Houston and joined the Andersen accounting firm, now coincidentally under fire for its work as Enron's auditor. Of course, that's exactly what happened. She gets letters from mothers saying they hold her up as a role model for their teenage daughters. 'It might be because they have a lot of room there now. Suddenly, the corporate high-flyer was recast as a heroine who stood up to the corrupt, greedy men who had cashed in their shares to make millions of dollars while their deceived employees were trapped in a 'stock-lock' which prevented them from doing the same, thereby losing their hard-earned savings and pension funds. Sherron Watkins, one of the world's best known whistleblowers, takes a wry view of corporate morality. Power Failure: The Inside Story of the Collapse of Enron by Mimi Swartz, Sherron Watkins. Sherron's a vice-president, so she's obviously not an outsider. If you're not part of the boy's club, maybe that makes it a bit easier to take a big risk. After reporting internally, the rampant fraud she discovered Enron was committing, Watkins was fired and her reputation tarnished. Speaking at National Whistleblower Day earlier this year, she praised the crucial role whistleblowers play in demanding transparency and accountability from our corporations and government and recognized the incredible progress made in whistleblower protections since the … Sherron joined Enron eight years ago, hired through a recruitment programme as the firm boomed, having conquered the energy industry thanks to deregulation in Texas by the administration of its then governor, George Bush. In high school, what did SW work as in her uncle's supermarket? Enron was the cat’s meow up until 2001. She did not want the company to collapse, she wanted the company to come clean. When Ms. Watkins discovered the fraud in Enron's books, she didn't go to SEC or any other regulatory agency - she wrote an internal memo to Ken Lay. She was a sorority girl. Ken Lay promised to investigate, but did nothing. And there is a chilling twist to the Sherron Watkins story, which suggests that her lawyer's advice to keep quiet - lest she be called to testify at financial or criminal proceedings - is sound. Sherron Watkins, however, is still around. Now, Baxter will complain no more. Sherron Watkins (born August 28, 1959) is an American former Vice President of Corporate Development at the erstwhile Enron Corporation. There was no reply. Watkins left her thoughts - anonymously - in a drop-box Lay had posted. SHERRON WATKINS is a former Arthur Andersen accountant who joined Enron in 1993, working for … 'Has Enron become a risky place to work,' says her memo to Lay, 'for those of us who didn't get rich over the past few years, can we afford to stay?'. In August of that year, Sherron Watkins, an Enron vice president, had sent an anonymous memo to Lay that read, "I am incredibly nervous that we will implode in a wave of accounting scandals." Sherron Watkins, Former Enron Vice President and whistle-blower, poses for a photograph during a portrait shoot May 26, 2004 in Houston, Texas. As stated above, the issue is first investigated by Enron’s law firm, Vinson & Elkins, and accounting firm Arthur Andersen which is followed by Ken Lay selling his own stocks in Enron after Sherron Watkins’ warnings to Ken Lay. In August of that year, Sherron Watkins, an Enron vice president, had sent an anonymous memo to Lay that read, "I am incredibly nervous that we will implode in a wave of accounting scandals." Her husband Richard was a loving spouse and her sister Julie was her best friend, whom she invariably called for a quick exchange of news each morning on her mobile phone after each had done the school run. He was fired on 8 October. He has also played for the Texas Legends and Maine Red Claws of the NBA D-League and Hacettepe Üniversitesi in the Turkish Basketball League. When Sherron Watkins blew the whistle on Enron it sent shockwaves through corporate America. Watkins's mother Shirley said her daughter 'knew she had to say something' about Enron's tricks while they were hidden from hapless employees who continued to buy the company's doomed shares - 'but never imagined that she was going to be the only one'. 'Here,' she told Julie, 'no one can get past the parking garage.'. 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