Open Secrets - the trouble with Enron
posted by Gyan on Jan 2, 2007 - 68 comments

Self-fulfilling Prophecy? Enron video says maybe... A video from an Enron company party from 1997 shows executives or other employees playing execs making jokes during skits about how to make "a kazillion dollars" et al. Some of the "methods" they speak of apparently are exactly the things that brought the company down. Looks like the cat was let out of the bag in front of a lot of unsuspecting individuals..
posted by djspicerack on Dec 16, 2002 - 4 comments

Enron 'Crooked E' For Sale "The ultimate symbol of the bankrupt power trader -- one of the ubiquitous chrome signs dubbed "the Crooked E" for its distinctive slant and commentary on the company's questionable dealings -- is on the auction block." The sign is only one of thousands of items up for sale September 25th and 26th, at the Houston Radisson Astrodome hotel.
posted by gummi on Sep 17, 2002 - 7 comments

Enron's historical precidents. This L.A. Times article discusses the historical precidents to the Enron debacle. My favorite (among lots of good stuff):

"Like Enron, ITT was a big campaign contributor. But Geneen's idea of how to use political influence made Lay and associates look like choir boys. In 1970, the company offered Republicans $1 million and consulted heavily with the Nixon White House and the CIA when Chile's new socialist president, Salvador Allende, threatened to seize the ITT-owned Chilean Telephone Co. Allende was overthrown with U.S. aid."
posted by electro on Feb 22, 2002 - 9 comments

Senator Hollings makes the case for a special council to look into the Enron affair. (NY Times link). San Antonio columnist Jan Jarboe Russell argues for the same. Here's a Guardian article on the situation.
posted by Ty Webb on Feb 9, 2002 - 11 comments

Fake profits are causing the stock market to descend. Could someone explain to me the meaningful difference between Enron and Amazon.com? One company recently reported fake profits of $5 million, while having billions in debt. Enron, well...no profits either, and billions in debt. So why is Amazon.com considered "promising"? Enron had a revenue stream too.... Prediction: Amazon.com's stock will be "revalued" sharply lower as people get lucid about real profits and as the accounting/profit scandals spread.
posted by ParisParamus on Feb 4, 2002 - 19 comments

The most sensible take I've seen on Enron and Bush. Once all the fuss has died down—Congress is currently planning ten separate inquiries—two good things will probably have come out of the Enron mess. Companies will no longer be allowed to use their pension programs to treat their employees as an especially loyal and malleable class of shareholder; instead, pension funds will have to be diversified. And accounting firms will no longer be allowed to act as paid consultants to the companies they audit, as Arthur Andersen did with Enron. New Yorker link, no registration required.
posted by jfuller on Jan 23, 2002 - 9 comments