OldSchoolTrader

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The spectacular mess of Enron

Enron, ah yes, the good old bad days. The real kicker was the mark-to-market accounting shenanigans. They were booking potential future profits like they were already in the bank. The price of arrogance and blind ambition, I guess. Whole new auditing regulations came out of that mess.
submitted 8 months, 1 week ago by OldSchoolTrader