The ENRON Scandal Message Board

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Non-Tech : The ENRON Scandal

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To: Mephisto who started this subject	12/10/2002 6:08:04 AM
From: Baldur Fjvlnisson	Read Replies (4) of 5185

How on earth is this mess collateralized? The assets are off accounts too?? The interest costs? Maybe they keep those expenses outside of the books too? Exactly how much of the U.S. stock market should declare bankruptcy right now? SEC Proposes Making Companies Disclose Off-Books Debt (Update1) The Securities and Exchange Commission proposed that U.S. companies be required to disclose an estimated $3 trillion in off-balance-sheet debt, a reaction to Enron Corp.'s collapse. Bloomberg news, Oct 30 2002 quote.bloomberg.com/newsarchive/?sidenav=front

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