Word: enronizing
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...they had too little information to make a buying decision. Brin and Page offered precious few details as to how the cash injection would be invested or how the company would fend off rivals like Yahoo! Instead, the founders simply asked prospective buyers to ?trust us.? In a post-Enron world, could someone really make trust a central investment criterion...
...Time, Bondi and his team pin much of the blame for the company's collapse on "large-scale and ever more costly" financings arranged by banks, often through offshore tax havens. In other massive international bankruptcies, regulators and others have forced big settlements from enabling banks. After its bankruptcy, Enron sued its own lenders; that suit is pending. In May, investors in the bankrupt telecom giant WorldCom received a $2.65 billion payout from Citigroup. So far, Parmalat's other creditors are cheered by Bondi's hardball tactics. "The more value there is in the estate - for any reason - the better...
...room.... The Great Molasses Flood knocked down several buildings and an elevated train line and drowned 21 unfortunate (and evidently slow) people.? U.S. Industrial Alcohol eventually morphed into Chemstar, which (if I have it right) in the late 20th century gathered into its growing family another petroleum company: Enron...
...wake of the indictments, the behavior of Enron's former management team has run the gamut from arrogant (this spring Causey asked a judge to unfreeze some of his assets to pay for a country-club membership) to paranoid (in April, Skilling got picked up by police following a drunken scuffle in which he accused fellow bar patrons of being undercover FBI agents) to surprisingly defiant. Lay launched a p.r. blitz last week, using a post-indictment press conference to express grief at his failure to save the company while angrily proclaiming his innocence. "Failure does not equate...
...ENRON AGAIN The case against former CEO Ken Lay: How much did he know about his company's book-cooking schemes...