Word: enronizing
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Last Wednesday, the Wall Street Journal, the Associated Press and others reported that Harvard had helped Harken Energy create an Enron-style, “off the books,” partnership to hide $20 million of Harken’s debt while George W. Bush was on Harken’s board. Why were most of us Harvard students the last to know? Although the deal may have been technically in accordance with the accounting rules of the time—it is hard to know without more information—it certainly did not live...
...force against Iraq, and any true Social Security reform has already been buried under the nasdaq avalanche. Beyond that, it all comes down to the numbers: a 51-49 G.O.P. Senate would put Mississippi Republican Trent Lott in charge of the mood and message once again. That makes Enron hearings less likely and Homeland Security legislation more so. But if all the dead-heat races break for the Republicans, that would yield something closer to real legislative control. All it would take is the help of a few switch-hitting Democrats to give the G.O.P. the 60 votes needed...
...where cheating is not only possible but is seemingly essential. And, since Chinese corporate dealings are often murky, investors in the country's few listed companies have come to expect that behind every great Chinese company is a great crime?or at least accounting shenanigans that would make former Enron CFO Andy Fastow blush...
HarvardWatch, a group of students and alums devoted to investigating the University, likened Harvard’s dealings to the partnerships Enron entered into to inflate its profits by millions of dollars. The discovery of those partnerships help lead to Enron’s collapse last year...
...government this eager to generate cultural capital, it seems there's never been a better time to be an artist in Singapore. Maybe I'm young and naive. I love the idea of more money coming to artists like myself. People might stop looking at me like some Enron stock and treat me like a blue chip investment. That thought makes me really happy. I think I'll go dance...