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Non-Tech : The Enron Scandal - Unmoderated
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To: Carolyn who wrote (11)1/14/2002 6:11:37 PM
From: Karen Lawrence  Read Replies (2) of 3602
 
You're welcome, Carolyn. I feel sorrier for the Californians who saw their energy prices skyrocket and for investors (there but for the grace of God go I) who bought ENE, the shining star of the stock market. Janus touted ENE in one of its television ads. Paraphrase..what energy company was brilliant enough to also grow into the technology field by become an internet operator. Like a sucking black hole, Enron took everyone by surprise, including the White House. Much credit to the Bush Administration for NOT bailing out Enron when Lay turned to them.
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