Richard

What was Christmas Island like as a kid, as you remember it?

It was fun.

Yeah, it was great.

I wonder then what it was like for you to come back to living in Queanbeyan then as a teenager.

Economics.

Was your plan to be in business or to be an economist or something like that?

So once you got out of uni, what was your first job then?

What did your fellow sailors make of you?

Did they think you were a gentleman of leisure?

You were a man of inherited means, a young aristocrat, given that you clearly hardly needed to do any work in order to spend a life sailing around Sydney Harbour.

So when did the cable people twig that their workers were living this extraordinary life?

So, Glenn, how do you go from there to going to London and getting a job with megacorporation energy giant Enron?

How did that happen?

Enron, as I said, was often spoken of as the most admired corporation in America in those days.

Their CEO and chair were friends of President Bush.

They were often on the cover of Fortune magazine, the chair Ken Lay and the CEO Jeffrey Skilling.

They were often lauded as the smartest guys in the room.

And I can never quite get my head around it, but is it right to say that they were not only an energy corporation, but they were also dealing in energy credits?

They were somehow running a kind of a market in energy?

Have I got that right, Glenn?