McCombs Alumni Network News

From Newsweek

It’s been eight years since Enron collapsed into bankruptcy, but memories linger in corporate boardrooms, where directors are charged with preventing a reprise of the self-dealing and accounting scandals that sunk the energy company. It’s a set of responsibilities William Powers understands well: before becoming president of the University of Texas in 2006, Powers—a lawyer and professor—was tapped by Enron’s board to lead a special investigation to determine what went wrong and why. In the latest of his series of interviews as part of Newsweek’s partnership with the Kaplan University M.B.A. program, Newsweek chairman Richard M. Smith spoke with Powers about Enron’s impact.

Read excerpts from the interview or watch the full video interview.