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Gold/Mining/Energy : Enron - Natural Gas Industry -- Ignore unavailable to you. Want to Upgrade?


To: Softechie who wrote (1391)2/8/2002 1:01:07 AM
From: SecularBull  Read Replies (1) | Respond to of 1433
 
THIS IS PROBABLY THE MOST GERMAIN STATEMENT, YET:

"It is my belief that Enron's failure was due to a classic run on the bank, a liquidity crisis spurred by a lack of confidence in the company." -Skilling before Congress

There may be some tomfoolery, but the ultimate cause of the demise has been succinctly stated above.

~SB~