Word: enronizing
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Though he was slated to speak on “Enron, WorldCom and Corporate Fraud Reform,” Rep. Michael A. Capuano (D-Mass.) instead engaged in a lively debate on free trade and political ideology with about 20 students at the Institute of Politics on Monday...
State Republican Party leaders and White House officials have in recent weeks sought to deflect political fallout from the controversy surrounding the collapse of Enron and WorldCom and the rash of high profile earnings restatements. Several have argued that problems with lax oversight began during the Clinton administration, pointing out that many of Enron’s questionable deals occurred during the 1990s...
...Peter G. Fitzgerald (R-Ill.) and Rep. Mark Foley (R-Fla.) want Rubin, now a director of Enron underwriter Citigroup, to testify about his role in the controversy. Others have questioned a rise in the statutory debt limit that Rubin pushed through Congress...
...Enron director Herbert S. “Pug” Winokur ’64-’65 resigned from the Corporation in April, explaining that his role at Enron was diverting his time and attention from Harvard...
...scandals will have a variety of curricular impacts, Summers said—the full extent of which have yet to emerge. But Summers said that “the real lesson of Enron and the like is not the need for more ethics courses,” but the need for “the creation of habits of mind and culture, where people who have questions about something feel free to raise them...