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Non-Tech : The ENRON Scandal

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To: Baldur Fjvlnisson who wrote (2319)2/4/2002 10:59:16 PM
From: Mephisto  Read Replies (1) of 5185
 
"A much better strategy for firms that find themselves in Enron’s position is to be forthright in
financial statements and to make organizational adjustments as necessary to give shareholders faith
in the possibility for future earnings. Markets will reward such a strategy that complies not only with
sound financial principles, but with moral ones as well. "

The Real Scandal of Enron

by Christopher Westley

[Posted February 4, 2002]

mises.org.

Baldur, the above comment should not be a big surprise to anyone! (LOL)
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