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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Sully- who wrote (47267)	1/30/2002 6:13:18 PM
From: stockman_scott	Respond to of 65232

<<...In short, Enron makes Long-Term Capital Management look like a lemonade stand. It will surprise many investors to learn that Enron was, at its core, a derivatives trading firm. Nothing made this more clear than the layout of Enron's extravagant new building - still not completed today, but mostly occupied - where the top executives' offices on the seventh floor were designed to overlook the crown jewel of Enron's empire: a cavernous derivatives trading pit on the sixth floor....>> Hearings before the United States Senate Committee on Governmental Affairs Testimony of Frank Partnoy Professor of Law, University of San Diego School of Law January 24, 2002 I am submitting testimony in response to this Committee's request that I address potential problems associated with the unregulated status of derivatives used by Enron Corporation... 321gold.com