Enron CEO's Departure Not Passing the Smell Test

Speculation's swirling around Jeff Skilling's abrupt departure from energy giant Enron (ENE Quote) on Tuesday, for what he would only say were "personal reasons." While Enron's stock performance since Skilling ascended to the CEO spot in February has left shareholders wanting, his departure is being assailed by many as both selfish and riddling.

Skilling left behind a trove of potential financial gains, making the timing of his move puzzling.

"I'm quite confused by the whole thing," says Tom McIntyre, president of Dessauer McIntyre Asset Management and an Enron shareholder. "After a difficult few months, all of a sudden the CEO quits. This just isn't passing the smell test." ...