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Non-Tech : The ENRON Scandal

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To: Raymond Duray who wrote (3493)3/16/2002 12:55:12 AM
From: The Duke of URLĀ©  Read Replies (2) of 5185
 
What is mildly intriguing, is that AA is, I believe, and I'm just noodlin' here, a general partnership, that is to say that ALL the partners are 100% liable to the full extent of each partner's assets. If this is the case, and the "Firm" is liquidated outside or in bankruptcy proceedings, there still should be plenty of assets around the world among the what 80,000 members of the firm to provide at least some small assuage to all who have been injured.

:)
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