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Non-Tech : The ENRON Scandal
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To: Raymond Duray who wrote (1340)1/28/2002 1:47:34 PM
From: Mephisto  Read Replies (1) of 5185
 
"Accounting Mandates from F.S.A.B. and the
S.E.C. would have saved the company from itself
and bankruptcy."

'99 Deal Failed After Scrutiny of Enron
"When you have so many moving parts like Enron had,
not even an analyst worth his salt could have figured
the company out," he said. "What would have helped is
full disclosure by Enron. Accounting mandates by
the F.A.S.B. and the S.E.C. would have saved the
company from itself and from bankruptcy."
Excerpt from article:
'99 Deal Failed After Scrutiny of Enron
January 27, 2002
The New York Times

By NEELA BANERJEE

This article was reported by Edmund L. Andrews, Neela Banerjee and Andrew Ross Sorkin
and written by Ms. Banerjee

..............................................
Ray,
HARVEY PITT, the head of the SEC worked for Arthur
Anderson b4 he went to the SEC.
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