...Wall Street. Their parents didn't teach them right from wrong. They're wealthy, but lack good character. No one will ever remember the Enron guy who stole all those pensions, went to jail and died. No one will ever remember Jerry Falwell fondly, we won't remember...
...That must mean something, though Iâm not at all sure what it is. Anecdotally, Billionaires are offing themselves and India now has an Enron type scandal in Satyamâ¦short these bastards. They need to figure out a way to make the case for a systemic failure if...
...Mohammed Hadi, in The Wall Street Journal, writes: "The whole affair—already being dubbed India's Enron—throws India's corporate governance into sharp relief. That Mr. Raju thought it appropriate to spend $1.6 billion on two firms so unrelated to Satyam's...
...violates our Fool's Rules, please report it via the Report this Comment icon found on every comment. Buy and Hold Satyam or GM or Enron or Adelphia or Lehman or Fannie or Freddie or Hedge Funds of Madoff or......................................................................... I...
...Enron scandal of October 2001 had brought not only the management under scanner, faced with angry investors and prosecutors, but also its accounting firm Arthur Andersen. Now, with Satyam's chairman confessing to fraud, the spotlight turns on auditing firm...
...money trail is wiped clean." There is no way investigators will ever find all the Madoff money, the author says. Remember, Enron used some 900 foreign accounts to manage its money. "There just isn't enough manpower to go through all the legal hurdles to track...
...CAGR=compounded annual growth rate. Generating copious amounts of cash doesn't make a company an automatic buy. But having looked at Enron's cash flows instead of its earnings would have saved many investors a lot of grief. Warren Buffett understands that...
...company's reported cash and bank balances by over 50 billion rupees ($1 billion). While shaken by what has been dubbed "India's Enron", some investors say they will wait for signs of widespread malfeasance among Indian companies before deciding whether to...
...the Express Scripts case deals with sensitive health records and privacy that, once violated, can't be recovered, it may become that Enron moment. Because privacy protections alone won't ensure that companies protect our data adequately, we also need to standardize...
...the action and implications of some of these concepts so that they also learn rather than seeing it first in the real world. Take Enron, you can’t say that the financial statement analysis in business schools is wrong, whether somebody misuses it is different....