It now emerges that an as yet unnamed Enron employee warned CEO Ken Lay that they were going to go down in flames due to “accounting scandals” back in August, 2001. Of course, I’m sure Lay already knew that they were screwed, and by August, 2001, it was too late for Enron to change course anyway. At that time, Lay was still busy telling everybody that Enron was doing great, and that things were only going to get better. Now everybody knows for sure that he was lying.