The ENRON Scandal Message Board

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Non-Tech : The ENRON Scandal

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To: PartyTime who wrote (1926)	1/31/2002 7:52:54 PM
From: Mephisto	Read Replies (1) of 5185

"Yet just weeks prior to Enron's bankruptcy filing - after most of the negative news was out and Enron's stock was trading at just $3 per share - all three agencies [Moody's, Standard & Poor's, and Fitch/IBCA] still gave investment grade ratings to Enron's debt.<<< And the White House didn't help, huh?' People knew PartyTime. They sold their stocks and investors and Enron employees were left with very little. Enron even deducted money for employees 401Ks.

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