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Non-Tech : The ENRON Scandal

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To: Mephisto who wrote (404)1/14/2002 8:29:46 PM
From: Karen Lawrence  Read Replies (1) of 5185
 
Good heavens, Mephisto, that story is downright scary. And scarier still is the thought I had, that maybe Andersen will say that generally accepted accounting practices changed during the heyday of the dot.coms allowed for unrealized returns on current investments to be added into the bottom line. I hear Andersen has hired some really good attorneys that might make Charles' predictions a future reality. Hope not.
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