Long before predatory trading in shady financial instruments – with no intrinsic value – caused Lehman Brothers to fail, the fall of Enron symbolized the fateful fallacy of building profits based on manipulations of corporate balance sheets. In fact, Enron’s trading in such exotic “commodities” as broadcast time for advertisers, weather futures and Internet bandwidth… Read more.
The Rise and Fall of Enron … Again
Thursday, May 6, 2010 at 5:18 AM