In laymans terms, how did they hide the poor health of the company from regulators and tbe public, why did the house of cards eventually collapse? And why couldn’t every company be doing the same or similar houdini tactics then and now?
In: Economics
This NYT article explains some of the stuff that was going on. The analyst referred to later gave evidence to Congress when it investigated the Enron scandal: https://www.nytimes.com/2002/10/15/business/analyst-dropped-enron-but-her-firm-loaded-up.html?unlocked_article_code=1.000.DQyG.dbfdHx_YSQJ7&smid=url-share
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