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Non-Tech : The ENRON Scandal -- Ignore unavailable to you. Want to Upgrade?


To: Mephisto who wrote (1000)1/22/2002 11:54:26 PM
From: Mephisto  Respond to of 5185
 
The case for regulation

An editorial
January 22, 2002

When Enron Corp. wanted to establish private
partnerships that would make it possible to hide the
corporation's growing debt crisis, it was faced with a
roadblock. Enron's corporate Code of Ethics barred such
a move. How to resolve the quandary? The corporation's
executive board simply waived the code's conflict of
interest rules - twice.

Perhaps this will be a lesson to those who suggest that
corporations are capable of policing themselves. They
are not. That is why deregulation has always been, and
will always be, an invitation to corruption.

Published: 6:39 AM 1/22/02

captimes.com



To: Mephisto who wrote (1000)1/24/2002 9:52:23 AM
From: Baldur Fjvlnisson  Read Replies (1) | Respond to of 5185
 
Fed temporary bank reserves historical added since Sep 11, 2001
and Daily Securities Lending amounts added since Oct 25, 2001
current / Nov-Dec / Sep-Oct
Wednesday January 23, 2002


today's must-read:
The Dilemma for Wealth: The Case For Gold ...the most liquid of all real assets John B Meyer 321gold


Fed adds $5.0 bln bank reserves via 7-day repos
Fed adds $9.0 bln bank reserves via overnight repos
Fed's Daily Securities Lending Wed 01/23/02 $5 billion
$9 billion
$1.667 billion
Fed says adding reserves via 2-day fixed repos
Fed's Daily Securities Lending Tue 01/22/02 $16 billion
$2.525 billion

321gold.com