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Enron Prosecutors in the Government 25 Aug 2013 | 03:43 am
I am not the only person who has noticed the gaggle of Enron Task Force (ETF) prosecutors getting appointed to important positions in the federal government. This post by Mary Flood on her Houston Leg...
California Is Still In The Dark 11 Aug 2013 | 06:41 pm
It is interesting how the press still loves the simplistic interpretation of Enron’s role in the California black-outs back in 2000 and 2001. As in this recent article, the press seldom talks about Ca...
Enron’s Role in Attracting DOJ Attention 5 Aug 2013 | 12:11 am
“They didn’t break me. I broke myself.” — Max Brooks, World War Z I’ve received a lot of feedback on my recent posts that speculate about the relationships between Ken Lay, Cliff Baxter, and Andy Fas...
Petrocelli Agrees! 24 Jul 2013 | 02:12 am
Jeff Skilling’s attorney Daniel Petrocelli appeared on Bloomberg BusinessWeek today and AGREED with the explanation that a lack of equity caused the credit rating downgrade that, in turn, led to Enron...
WMDs & Enron 22 Jul 2013 | 07:51 pm
WMDs and Enron I have to admit it. I originally bought into the government’s story about WMDs in Iraq. I even supported the war because of it. Then, upon learning that it was an intentionally false n...
Cameras In The Courtroom 21 Jul 2013 | 07:33 pm
It is interesting how the subject of cameras in the courtroom remains controversial. Columnist Kathleen Parker wrote a thoughtful article on this topic recently which elicited tons of responses. ...
The Zimmerman Trial 16 Jul 2013 | 07:09 pm
The prosecution and trial of George Zimmerman shows us how much politics and bias pollute the American legal system. After their initial investigation, the authorities closest to the case decided tha...
Today In Enron History 12 Jul 2013 | 01:00 pm
On July 12, 2001 Enron released its 2nd quarter earnings. Here is the press release. During the earnings call, Jeff Skilling was still bullish. There were good things to report; wholesale was still dr...
Why Enron Went Bankrupt: Part 2 12 Jul 2013 | 12:42 pm
Now that I really comprehend the underlying cause of Enron’s bankruptcy, I’m starting to see things I really didn’t notice before. I had a quick discussion last night with one Enron executive who poin...
Why Enron Went Bankrupt 12 Jul 2013 | 12:26 pm
This article in the Harvard Business Review is the most lucid explanation of Enron’s bankruptcy to date. The most stunning paragraph is this: As the value of the assets in the SPEs became impaired, E...
