Word: enronize
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...CORPORATE AMERICA CLEANER NOW THAN IT WAS A YEAR OR TWO AGO WHEN ENRON AND ALL THE OTHER BIG SCANDALS BROKE? I think that there has been an emotional shift both on Wall Street and in boardrooms. What's changed is the level of arrogance that drove corporate governance to the precipice. I think it's safe to get back into the market now as long as you have an adequate degree of caution. And as an investor, you should never forget that it's your money at stake, not theirs. Oh, and if you see a shark...
...Vision, an auto consultancy, "but it alone rarely increases sales." Houston stadiums have had some bad karma too. Reliant Energy bought naming rights to the NFL's Houston Texans stadium three years ago. The company, now called CenterPoint Energy, has seen its stock drop 70% since the deal. Remember Enron Field, home of baseball's Houston Astros? The team had to buy back the name from the scandalous energy company. New name: Minute Maid Park...
...your weaknesses, and give a good reason for it.” If you know that something will cause them to question your ability—a lower GPA, for example—you should try to turn it into a plus by explaning that you were short-selling Enron instead of going to class...
After Enron’s collapse, Krugman also assailed Bush and Vice President Dick Cheney for doing fuzzy math of a different sort. He accuses Cheney of engaging in a less than immaculate collaboration with Enron when creating an energy plan. He excavates an embarrassing connection between the defense-contracting Carlyle Group, of which George H. W. Bush is an employee, and the bin Laden family. And he exposes Harken Energy’s fake profits and hidden losses, noting that George W. Bush had not only heavily invested in the company, but sat on its board of directors...
Herbert S. “Pug” Winokur ’64-’65, a director of Enron during its collapse, resigned in 2002, only two years after his appointment...