The ENRON Scandal Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : The ENRON Scandal

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Baldur Fjvlnisson who wrote (4331)	8/9/2002 7:00:02 AM
From: Mephisto	Read Replies (1) of 5185

"This was absolutely a sham transaction, and it was an 11th hour deal," said one former Enron executive who was briefed on the deal. "We did this deal to get 1999 earnings." This account was confirmed by five other former executives who either worked on the deal or were briefed on it. All the executives insisted on anonymity, concerned either about losing their current jobs or being drawn into the litigation over Enron's collapse. Merrill Lynch officials said there was nothing improper about the power deal and no prearrangement to cancel it, and one former Enron executive involved in the deal agreed. " >>>>>>>>> Hello, Baldur, They all say their innocent don't they. Bush, Cheney and the others in the White House, like Merrill Lynch and Citibank, always say they could never have made a mistake, don't they?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next