by Summary:
Enron CFO Andy Fastow at Camp Alphaville (RIP) in 2015 © FINANCIAL TIMES FT Alphaville has a morbid fascination with Enron. Whether its the Paul Rand-designed logo, executive Lou Pai’s excess strip club spending or Jeff Skilling’s infamous conference call outburst, there’s seemingly always something new to read about one of America’s greatest corporate scandals.Which brings us to a comment in Bryce’s Markets Not Live from Wednesday morning, which highlighted this entertaining “nothing to see here” Goldman Sachs sellside note on Enron.Timestamp: October 9, 2001. Anyone reading this at the time would find little justification for the “still the best of the best” assessment, however, in analyst David Fleisher’s rationalisations of Enron’s off-balance sheet transactions (the
Topics:
FT Alphaville considers the following as important:
This could be interesting, too:
Enron CFO Andy Fastow at Camp Alphaville (RIP) in 2015 © FINANCIAL TIMES FT Alphaville has a morbid fascination with Enron. Whether its the Paul Rand-designed logo, executive Lou Pai’s excess strip club spending or Jeff Skilling’s infamous conference call outburst, there’s seemingly always something new to read about one of America’s greatest corporate scandals.Which brings us to a comment in Bryce’s Markets Not Live from Wednesday morning, which highlighted this entertaining “nothing to see here” Goldman Sachs sellside note on Enron.Timestamp: October 9, 2001. Anyone reading this at the time would find little justification for the “still the best of the best” assessment, however, in analyst David Fleisher’s rationalisations of Enron’s off-balance sheet transactions (the
Topics:
FT Alphaville considers the following as important:
This could be interesting, too:
Paul Krugman writes Helping Kids Is a Very Good Idea
Michael Spence writes Biden’s Vaccine Challenge
FT Alphaville writes Slot machine markets pay out in full
Jeffrey Frankel writes The GOP’s Fake Budget Hawks