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Amara 2022-01-15 08:01:02
What's the smart thing to do?
Enron, an American energy giant that existed like a god around 2000, once achieved annual revenue of 101 billion US dollars. At the same time, Internet companies on the bubble were weaker than it. But the good times didn't last long. In that cold December of 2001, Enron declared bankruptcy due to... -
Luther 2022-01-15 08:01:02
Oscar prize
What movie is the best? I think it is of this kind.
1. There are many characters, but there is no protagonist. This will not be controversial. It is the most important thing that is not the right person.
2. The matter is very complicated and involves a lot of things, but only without...
Gray Davis
Extended Reading
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Leo 2022-04-23 07:03:47
"diffusion of responsibility"/
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Anais 2022-03-25 09:01:18
Chanos' prediction of Enron's downfall caused a flurry of ridicule. He is now beginning to sing about the empty Chinese property market. Once again, the giant ship of history is constantly repeating the tragedies of the past.
Enron: The Smartest Guys in the Room quotes
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Analyst: You are the only financial institution that can't produce a balance sheet or cash flow statement with their earnings...
Jeffrey Skilling: You, you, you... Well, uh... thank you very much. We appreciate it... asshole.
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Kenneth Lay: [Q&A session with employees] All right, we are down to questions. And I got a few up here.
[reads question from the floor]
Kenneth Lay: 'I would like to know if you are on crack, if so that would explain a lot. If not, you may want to start because it's going to be a long time before we trust you again.'
