SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Enron - Natural Gas Industry
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: sea_biscuit who wrote (896)11/28/2001 10:09:02 PM
From: Softechie  Read Replies (1) of 1433
 
At least GX didn't trip any debt covenants. They managed that crisis well. Phew I've got lucky with that one.

As for Enron, I don't know who would step in with $20B to pay for the debts that are called in. I've taken my lump on this one and it's a small one comparing to many employees pension fund. Keep this in mind that this company is no dotcom so the expectation for startup riskiness is not there. This fiasco will shake up investors confidence big time especially the conservative ones.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News