In this conversation, we sit down with Andy Fastow, former CFO of Enron and keynote speaker at FPA Annual Conference 2025, for a powerful conversation about risk, leadership, and decision-making in today’s complex business environment. Drawing on his presentation, Unbiased: How to Manage Risk in the Gray Zone, Andy explores how seemingly sound decisions, made within the bounds of technical rules, can still lead to disastrous outcomes. We discuss the subtle ways in which ambiguity, pressure, and cultural blind spots create what he calls the “Gray Zone,” where ethical clarity is murky and leadership is needed most. This conversation challenges financial planners to think critically about risk, compliance, and the kind of leadership needed to navigate gray areas with integrity.