cygnoir.net

cygnoir.net

all i wanted to know about enron

Ah, Dave Barry. How I adore thee!

If you’re an average layperson, your grasp of high finance consists of knowing your ATM code. So you’re probably bewildered by this scandal surrounding the collapse of Enron, which had been the seventh-largest corporation in America.

Today we’re going to explain the Enron story, using simple financial terms that you can understand, such as “dirtballs.” [read more]

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