We can't afford to wait, ... We must restore integrity to our investment and pension systems and strengthen government oversight of them. We cannot allow what happened to Enron employees happen to the rest of America.
Are you familiar with 9/11? Building 7? You know what was in there? All the Enron stuff. I guess that building went down on its own.
Enron was a wake-up call for all Americans.
Enron's practice of using prepaid transactions to understate debt and overstate cash flow from operations made its financial statement look much stronger; that in turn helped Enron maintain its investment rate credit rating and support -- even boost -- its share price,
Enron's deceptions were shocking, and equally shocking was the extent to which respected U.S. financial institutions like Chase, Citigroup, and Merrill Lynch helped Enron carry out its deceptions and mislead investors and analysts about the company's finances,
Enron is truly an authentic emblem of corporate corruption and will serve as an example for quite some time.
Enron is synonymous with fraud everywhere in America. I don't think he'll get more of a fair or less of a fair trial in Kansas than he will in Houston.
Enron is providing the counterforce right now. It's undermining a number of industries such as utilities, banks, insurance and energy companies.
Enron is a one-time occurrence. Trading didn't put it down but rogue financing. They improperly financed a lot of overseas hard assets and didn't disclose the impact to earnings and balance sheets.
Enron is a one-time occurrence, ... Trading didn't put it down but rogue financing. They improperly financed a lot of overseas hard assets and didn't disclose the impact to earnings and balance sheets.