Michael Wynne: “Having had a couple hours to ponder it, I can’t help but wonder if part of the defense strategy is to suggest Jeff Skilling is partly delusional. I wasn’t sure as I watched him today why he was still trying to sell the company, referring to ‘powerful’ systems and saying ‘we never looked back,’ claiming at one point he had control programs in place that were ahead of their time and ahead of Sarbanes-Oxley. An interesting attempt to turn the sequence on its head. What we’re seeing is a very aggressive attempt to rewrite history. You want someone to shake him and remind him that Enron was a failure.”

Wynne is part of the team providing a legal commentary blog on the Enron trial for the Houston Chronicle. I’ve read the Enron coverage in all the usual suspects (New York Times, Financial Times, Wall Street Journal) and I have to declare: accept no substitutes. The local paper’s blogs put everyone else to shame. It’s clear why Blue Plate Special ranked the Chronicle the number one blogging paper in the US.