...said Cassell, a nationally known advocate of victims rights. "So this will be the test for, you name it, the Madoff case, the Enron cases, whatever cases come down the road." Under the 2004 Victims' Rights Act, those who suffer at the hands of criminals...
...has just been added to a notorious list of companies involved in fraudulent financial activities, one that includes such names as Enron, WorldCom, Societe General, Parmalat, Ahold, Allied Irish, Bearings and Kidder Peabody. Satyam's CEO, Ramalingam Raju, took...
...about all this? Is it a coincidence that Jeff Skilling was back in the news this week? Already somebody is calling Satyam India's Enron. There will be more to come. So what will signal the turning point? Could it come during the worst of earnings season?...
...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...
...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...
...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...
...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 canât say that the financial statement analysis in business schools is wrong, whether somebody misuses it is different....
...In the process he perpetrated a fraud so large, complex, and brazen that Indian business people are already calling it the countryâs âEnronâ. âThis is not pocket change weâre looking at here, these are really, really large numbers,â said Prof Sandeep Parekh...