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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: SirRealist who wrote (16634)1/27/2002 4:55:05 AM
From: blankmind  Respond to of 281500
 
- I don’t think Enron & its auditors necessarily did anything criminal

- I considered Enron as a value-play over the years & was always worried that some of their risky projects could cost them dearly

- problem w/ Enron was that it was unhedged - like a farmer borrowing to plant a crop - if the price is depressed at harvesting time, the farmer can hit up the taxpayer, but Enron goes under - by the way - i read exposure & liability all over enron's financials, i doubt anything criminal was done