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Non-Tech : The ENRON Scandal

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To: TigerPaw who wrote (411)1/14/2002 9:19:45 PM
From: Karen Lawrence  Read Replies (3) of 5185
 
I couldn't find the answer to your question, but here's an interesting piece on Enron from this day's Yahoo profiles:

ENE makes markets in electricity and natural gas, delivers energy and other physical commodities, and provides financial and risk management services. For the nine months ended 9/30/01, revenues rose from $59.89 billion to $138.72 billion. (yeah, sure it did. lolol) Net income applicable to Common before accnt. changes fell 80% to $145 million. Revenues reflect growth in the wholesale and retail energy businesses and the natural gas pipelines. Net income was offset by a $710 million loss on Raptor SPEs.
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