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He added that the company had some financial problems, and being treasurer, a part of the overall appeal of his job for him was to conceal these problems as best as he could. In times of conflict and economic difficulties, if employees like him would hide debt and inflate earnings by hook or by crook, they would be awarded huge bonuses. Glisan had joined Enron in 1996 at a salary of $100,000. It should definitely be looked on as a giant leap that in just 4 years, he was not just earning a salary of $1 million but taking home another million for illegal ‘side deals’ (Flood, 2004).
False inflations of bottom-line figures in the financial statements occurred at many a time...
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