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Non-Tech : The ENRON Scandal

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To: Dr. Peter E. Pflaum who wrote (924)1/22/2002 12:17:12 PM
From: Mephisto  Read Replies (1) of 5185
 
"The destruction of trust and faith in capital markets would be the most serious threat to our culture, welfare and security I can imagine - more than terrorist, more than federal deficits, more than corrupt politicians, a capital market melt down is possible but not likely."

As a further comment to my other post, I hope Krugman
is correct although others have pointed out that there
are likely other companies that used "creative
accounting practices" similar to Enron's - Mephisto
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