Welcome to the Andrew Fastow Quotes page, where we delve into the insightful words of one of the most prominent figures in corporate finance. Andrew Fastow, former CFO of Enron Corporation, remains a significant figure in the annals of corporate history, recognized for his role in one of the most notorious corporate scandals in American history. His quotes provide a unique perspective on ethics, corporate governance, and the complexities of the financial world.
As the architect behind Enron’s complex financial structures, Fastow’s quotes offer valuable insights into the mindset and motivations that drove the actions of key players during the rise and fall of the energy giant. Whether reflecting on the consequences of unchecked ambition or the importance of transparency in corporate practices, Fastow’s words resonate with those seeking to understand the intricacies of corporate finance and the lessons learned from Enron’s downfall. Below, you’ll find a collection of Andrew Fastow’s most thought-provoking quotes, ripe for contemplation and exploration.
There are people who look at the rules and find ways to structure around them. The more complex the rules, the more opportunities. Andrew Fastow
When I was initially charged I still thought I was not guilty because I had followed the rules. Andrew Fastow
I was extremely greedy and lost my moral compass. Andrew Fastow
I’m ashamed of what I did. Andrew Fastow
I wish I could undo what I did at Enron but I can’t. I understand that I deserve punishment. Your honor, I accept the prison sentence that you are about to impose and will serve it without bitterness. Andrew Fastow
The question I should have asked is not what is the rule, but what is the principle. Andrew Fastow
Mark-to-market accounting is like crack. Don’t do it. Andrew Fastow
I believe I was extremely greedy. Andrew Fastow
I lost my moral compass and I have done terrible things that I very much regret. Andrew Fastow