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E-mail traffic analysis reveals disruptions
in The CIO Weblog, on June 23, 2009
...tion.
Researchers analyzing mail logs comprised of messages sent to and from 150 senior staff at Enron during the company's final 18 months found that volume increased and the correspondents be...
More on the Satyam-PWC scandal
in Sox First, on May 27, 2009
...Madhukar Angur says in the Deccan Herald , the debacle suggests we have learned very little since Enron and WorldCom. And that's despite governments around the world tightening their corporate g...
The recession: blaming the business schools
in Sox First, on May 21, 2009
...astrophes unfolding before their eyes. In the late 1990s, their faculties rushed to write paeans to Enron, the firm of the future, the new economic paradigm. The admiration was mutual: Enron was stuff...
Animal Spirits by George Akerlof and Robert Shiller
in Sox First, on May 4, 2009
...ty. The 1991 recession was preceded by the savings and loan (S&L) crisis, the 2001 recession by Enron and the latest by the totally amoral selling of subprime mortgages to people who would never b...
Tour Gets Burned Again
in Eagle Par Birdie, on February 24, 2009
... Allen Stanford is another.
Corporate entities, too, can sometimes become embroiled in this mire. Enron was a perfect example in its time. Merrill Lynch proffering enormous bonuses on the eve of...
Bank bailout failure
in Sox First, on February 3, 2009
...the toxic assets but there is one problem with that. How much do they pay? If it's too much, it hurts taxpayers, too little and the banks have to write down assets. And we are talking hundreds of ...
Satyam: do we need a global Sarbox
in Sox First, on January 21, 2009
...
Satyam, labelled India's Enron, has raised a number of important questions. Not only about Indian corporate governance, which leaves a lot to be desired with The Hindu reporting that India i...
Hedging the bets
in Sox First, on January 13, 2009
...s Christopher Cox could never do: usher in strict new regulations for hedge funds. "This is an Enron moment for hedge funds," Peter Rup, chief investment officer at New York-based hedge fund...
Microsoft layoffs may be imminent
in The CIO Weblog, on December 29, 2008
...vidends had it been enacted a year or two ago. A reaction of this sort is bound to be negative, and hurts the company's chances to weather a number of other very real challenges it faces in the ma...
Fixing broken boards
in Sox First, on December 8, 2008
...n't fix it, the Government will fix it for them with a new version of Sarbanes-Oxley. "The Enron case resulted in the rushed passage of Sarbanes-Oxley legislation, a process that took just 31...
WaMu Looking to Get Rid of VC Stakes
in TJ's Weblog, on November 25, 2008
...at the VC model may be broken . I don't think I believe that the model is broken. A downturn hurts everybody. When the cycle moves on and the economy revives we may see different companies out ...
G20 undermines accounting independence
in Sox First, on November 18, 2008
...nate any money if it did not think there would be any benefit to it. The paper cites the case where Enron donated money to the International Accounting Standards Committee Foundation (IASCF). Accordin...
Recession Racing Hurts Fans the Most
in Classical Drives, on November 17, 2008
For this Canadian, a dedicated F1 fan since the 50s, the news that the Canadian Grand Prix is no longer on the calendar is sad, indeed. Montreal's mayor has announced that a sponsor could not be found, while the three levels of government were unable to pledge sufficient funds to satisfy ...
The Lehman legacy
in Sox First, on October 7, 2008
...chard Fuld is doing a Jeff Skilling. students of US corporate history will remember that the former Enron chief appeared before Congress and claimed that there was nothing wrong with Enron and that ...
Wii Music: Epic Win For Music Education?
in House of Nintendo, on October 1, 2008
...ue, because Wii Music isn't the real thing. Some even suggest that pantomiming instruments even hurts music education.
I don't think so. Our culture is so far removed from real music perform...
Is Ramos losing the plot?
in The Soccer Weblog, on September 29, 2008
...omething for the chairman and the board to decide but I'm not hurt by the fans' abuse. What hurts is not winning matches."
Maybe leaving one up front on his own when you are 2-0 down is...
SEC's shortcomings
in Sox First, on September 20, 2008
...ith short memories, it's important to keep in mind that short sellers were the ones who exposed Enron. The short sellers are to make a buck but that can also be the ones who keep the bastards hone...
Cows & how the world works
in The Hedge Funds Weblog, on August 24, 2008
...he milk of four cows. Later, you hire a consultant to analyse why the cow has dropped dead.
ENRON VENTURE CAPITALISM:
You have two cows. You sell three of them to your publicly listed company,...
Do Outsourcing Awards Mean Anything?
in The Outsourcing Weblog, on August 22, 2008
...reason one project's success can be the reason for another project's failure. Distance also hurts - as our society hasn't yet developed the skill of building quality distance relationships...
Football World
in End Zone Buzz, on August 12, 2008
...- Yelling at Lions WR Roy Williams will get fans escorted out of the facilities, because yelling hurts his feelings. "There's no signs that say you've got to stay positive," the fa...
Top 5 Fantasy QB's
in End Zone Buzz, on July 7, 2008
...asses again, but 35-40 is a reasonable expectation. We'll see how much losing Donte Stallworth hurts, if at all, as Jabar Gaffney or Chad Jackson will replace him. Another thing to consider is rig...
College Football Preseason Top 25
in End Zone Buzz, on June 30, 2008
...If BYU isn't the at-large for the BCS, the Bulldogs may be.
25) Rutgers : Losing RB Ray Rice hurts, but they should still contend for the Big East crown....
Will Jeff Skilling walk?
in Sox First, on June 23, 2008
...
Jeff Skilling got a sentence twice as long as other Enron convicts. Enron's former chief executive is now serving 24 years in the slammer but he has an appeal underway. Now there are suggesti...
Personal Finance Clichés
in The Personal Finance Weblog, on June 16, 2008
...he lottery
Odds are against you, experts advise
Invest your money
Hiding money under mattresses hurts ROI, experts advise
Don't buy a home you can't afford
Failure to pay mortgage could...
Pop Never Hurts
in Pretty Things, on May 28, 2008
I have always been a fan of the peacock earrings! I think that they are so eye catching and believe that everyone who wears it looks regal. It doesn't matter whether you're wearing denim and jeans or a cute jersey dress. You're all set with a cute pair of heels and a nice lit...
AIG shame file
in Sox First, on May 10, 2008
...39;' That might explain why The Street.com's Jim Cramer says that the latest debacle is of Enron proportions. Cramer also wants the Securities and Exchange Commission to investigate. Oh yes, ...
Your Antenna On The Roof May Need Replacing
in The Digital TV Weblog, on May 9, 2008
... receives UHF signals. Chances are, if you're getting channels above 13, it does, but it never hurts to double-check.
Via Crunchgear , New York Times
...
Gen Y and cheating
in Sox First, on April 22, 2008
...by boomers and Xers have not exactly been absolutely above ethical lapses. Whether it's been at Enron, Barings or WorldCom . Certainly haven't seen anything rivalling that from Gen Y. An...
Need more proof that the gaming media can't stand Wii?
in House of Nintendo, on April 20, 2008
...well understand why they don't like the Wii. If I was Epic's CEO, I wouldn't either. It hurts sales.
But what was really telling was this exchange, which shows the sort of anti-Wii bias ...
Launch; Retract Your Impact on the Environment
in The Hedge Funds Weblog, on April 15, 2008
...lobal Change Associates, globally recognized "best selling" author of What Went Wrong at Enron, keynote speaker , and energy and environmental industry thought leader, and Neal Berger,...
Mark to market mess
in Sox First, on April 9, 2008
...rading history. In that case, it would turn mark to fantasy. Great exponents of this trick included Enron. Mark to market accounting techniques had a key role in the credit crisis, writes Slate'...
Crooks go free
in Sox First, on April 9, 2008
...ce in fighting white collar crime. The figures suggested a clear shift in US Government policy post-Enron to go easy on corporate shenanigans. Now, the New York Times reports that the Justice Depar...
Fraudulent firms and lobbying
in Sox First, on April 8, 2008
...
The best example of the link between lobbying and fraudulent companies was Enron. In its day, Enron had Enron had gained favours by lobbying Congress, federal and state governments, and various re...
Who's to blame for Bear Stearns? It's the media's fault
in Sox First, on April 4, 2008
...collapse? Bear Stearns president and CEO Alan Schwartz has taken a leaf out of the books of former Enron chief Kenneth Lay who complained that business journalists were persecuting his company and Co...
Jeff Skilling's appeal
in Sox First, on April 4, 2008
...
Former Enron boss Jeffrey Skilling, who has been sentenced to 24 years in prison for insider trading and fraud, has begun his appeal against the sentence. His lawyer, Dan Petrocelli, pleaded ...
Getting Revenge
in The Dating Weblog, on April 2, 2008
...w seem justified in carrying them out.
Don't misunderstand me; when someone cheats on you it hurts like hell. But I don't subscribe to the thought that if you get even you'll feel bette...
Class actions rise: more to come
in Sox First, on April 2, 2008
...atistical glitch. The 2006 figure was skewed by the largest settlement in history, the $7.2 billion Enron case settlement. Look at the middle range settlements -those of $10-20 million. In 2006 such s...
The winners from underpriced IPOs
in Sox First, on April 1, 2008
...rm gain whereas the insiders are the ones with long-term vision. This is significant because since Enron and similar scandals, measures have been put in place requiring more outsiders on boards. Outs...
Another horror week for KPMG
in Sox First, on March 29, 2008
...erybody off." As Broc Romanek's CorporateCounsel.net. blog says, it has eerie echoes of Enron....
Subprime's parallels with Enron and WorldCom: Michael Oxley and Paul Sarbanes
in Sox First, on March 15, 2008
...
The subprime crisis has some eerie parallels with Enron and WorldCom, say the two Sarbox co-authors. In an interview with the Indian media , they say what's needed is more regulation. Sarbane...
Updated NFL Mock Draft
in End Zone Buzz, on March 14, 2008
...y that and then some.
23. Pittsburgh Steelers - G Branden Albert, Virginia
- Losing Alan Faneca hurts, but Albert should prove to be a fine replacement.
24. Tennessee Titans - CB Mike Jenkins, ...
Criminalizing capitalism: Sarbanes-Oxley and the latest crisis
in Sox First, on February 15, 2008
... law, and not prudence to protect their market holdings. I can't agree with her comments about Enron and her claims that Ken Lay and Jeff Skilling were the victims of juror prejudice and i...
Subprime explained - crunch time glossary
in Sox First, on February 14, 2008
Credit crunch? Credit default swaps? Honeymoon loans? NINJA loans? Negative pledge? The subprime crisis is upon us and investors are confronted with jargon designed to baffle and keep them in the dark. Here is my glossary of key terms you'll need to know to keep ahead of the game: arrang...
Who exposes corporate fraud?
in Sox First, on February 11, 2008
...
In their haste to pass Sarbanes-Oxley into law following the spate of scandals headed up by Enron, politicians and regulators neglected to look carefully at the issue of whistleblowers. Who actuall...
Prisoner Dennis Kozlowski: still unrepentant
in Sox First, on February 5, 2008
L. Dennis Kozlowski, who was sentenced in 2005 to 25 years in jail for grand larceny, securities fraud and other crimes, for stealing $137 million in unauthorized bonuses from Tyco, abusing company loan programs and selling $410 million in inflated stock, remains unrepentant. Hardly surprising. ...
Supremes screw investors
in Sox First, on January 23, 2008
...tively scuttled the $40 billion class-action suit against the financial-services firms that advised Enron. "The proper way to look at it, I think, is that the Enron case is dead after today,"...
China Trade 101: Foreign Direct Investment
in China Venture News, on January 22, 2008
... recession partly because it's a double whammy for them. If we stop buying Japanese products it hurts Japan, and if we stop buying Chinese made goods it hurts Japan.
...
The Future Of Management
in Sox First, on January 14, 2008
...
Many years ago, management thinker Gary Hamel was praising Enron just before the energy giant imploded . Never mind, Hamel's ideas are always provocative. And he has maintained that...
Book Review: A Random Walk Down Wall Street
in The Personal Finance Weblog, on January 14, 2008
...uel costs, new governmental regulations, the use of creative accounting by certain companies (think Enron), poor analysis by so-called experts, conflicts of interest at large investment banks, and oth...
Including a Resume With Your Application
in The Universities Weblog, on January 13, 2008
...ds to help you remember some of the things you have done in four years of high school. It never hurts to let someone else remind you of what you have accomplished.
...
How to Think Like Warren Buffett, Part 27
in The Personal Finance Weblog, on January 3, 2008
...s. He understands Berkshire far better than any investment banker with whom we have talked and - it hurts me to say this - earns his fee. I'm looking forward to deal number four (as, I am sure, is...
Skilling fights on
in Sox First, on December 22, 2007
..., who was sentenced in October 2006 to more than 24 years in prison for his role in the collapse of Enron, deliberately avoided learning about any crimes at the company. Skilling's lawyers say tha...
Easy time for corporate crooks
in Sox First, on December 19, 2007
...
Just over five years ago with the stench of Enron around him, President Bush declared that corporate criminals would no longer have it easy. "Every corporate official who has chosen to commit...
Court Says Virtual School Must Keep Physical Boundaries
in The Online Universities Weblog, on December 17, 2007
...re's a blurb from his letter to the editor : "The ruling is a step back for education. It hurts Wisconsin's quest to be economically competitive in a high-tech, online educational world....
Easing up on corporate crime
in Sox First, on December 16, 2007
...are several reasons why the pendulum has swung back since Sarbanes-Oxley was introduced post-Enron. First, there's been the rise in the Dow Jones which has dulled some of the anger towards ...
Nuts And Bolts, Ravens Got Screwed
in End Zone Buzz, on December 4, 2007
... problem doesn't just lie in football, it's in all sports, and is the one thing that really hurts them. In baseball, umpires freely admit they have their own strike zones, basically making up ...
Madness of groups
in Sox First, on December 3, 2007
...ty and different points of view dilutes its impact. This was not the case however at such places as Enron and WorldCom. In each case, the result was an organization where delusions were shared, where ...
Who wants to marry a U.S. citizen? - Reality Show
in Latina Viva, on November 30, 2007
...ts who have temporary visas. The show is already generating mix reaction from some who say the show hurts the immigration process. However, others praise the match-making concept.
"We're out...
Ethics danger signals
in Sox First, on November 29, 2007
... news, according to a new survey, is that ethical misconduct is on the rise and has now reached pre-Enron levels. During the past 12 months, more than half the employees surveyed said they had seen et...
Enron, stakeholders and the consequences for corporate governance
in Sox First, on November 27, 2007
...
The fallout from the Enron trial continues. The case was so big, the malfeasance so horrifying in its depth and pathology , that one suspects the fallout will be around for some time. It resu...
Arizona Charlie's Slot's Have Lucky Streak
in Play Las Vegas, on November 27, 2007
...he notion of luck.
Yes luck, because after all, people gamble to have fun and to win, and it never hurts to have luck.
Back in 1984 I had a run of very good luck at the old Imperial palace , s...
Worforce Conflict
in Biz Plan Hacks, on November 6, 2007
... Unhealthy conflict hurts workers and the business
Here is an article that brought up some bad memories for me. My last job before starting my own business was with a major retailer. My boss woul...
Strong Dollar Good, Weak Dollar Bad?
in The Personal Finance Weblog, on November 6, 2007
... is great when you are traveling to other countries because of the excellent exchange rate, it also hurts U.S. companies that want to export goods to other countries, because our goods are then more e...
Ethics watch
in Sox First, on November 1, 2007
...talked about the difficulties companies have implementing codes of ethics .It could be argued that Enron, Parmalat and WorldCom are examples of the spectacular failure of the ethical dimension...
Book Review: Invest Like A Shark by James "RevShark" DePorre
in The Personal Finance Weblog, on October 23, 2007
...get out. Someone knows, and you don't want to be the ignorant one left holding the bag, like an Enron investor watching his retirement go kablooey.
DePorre isn't particularly interested in a ...
How to Think Like Warren Buffett, Part 26
in The Personal Finance Weblog, on October 23, 2007
..., as a result, CEOs who traveled the high road did not encounter heavy traffic.
In the wake of the Enron debacle in late 2001, Buffett uses much of his 2002 Letter discussing the sicknesses of many a...
Dealing with the Brush-Off
in The Dating Weblog, on October 23, 2007
...t write back to responses to their online ads) but the reason doesn't really matter. Rejection hurts but it doesn't have to be a blow to your self esteem.
And when you're in the positi...
Rugby World Cup Finals
in Wandalust, on October 17, 2007
... be delayed. Some may even be canceled on short notice.
The French strikers really know what will hurts the most....
KPMG judge attacks US Government
in Sox First, on October 2, 2007
...limit the Government's power to pursue corporate criminals. And critics say it will help future Enrons go free. "Pre-Enron, U.S. attorneys never brought these cases, and after this bill is p...
Was Ken Lay a typical CEO?
in Sox First, on September 17, 2007
... 's James Brickley. The study The Role of CEOs in Large Corporations:Evidence from Ken Lay at Enron can be viewed in two ways. One is to see it as a total white-wash of someone who had been co...




