A Puzzle Or A Mystery?

Or Just A Bunch Of Crooked Scam Artists?

There's an excellent article on the Enron Debacle in the latest issue of The New Yorker. If you were never quite sure just what kind of jiggery-pokery Enron's money managers were doing, this story spells it out in a clear & concise manner.

It's a lengthy read, but well worth it. Go have a look!



Found over at BlogHouston, which you really oughta be reading every day if you live within a 100 mile radius of The Dark Tower.

UPDATE: Bonus quote in the BlogHouston article... I've never heard it put quite this way before, but it's an instant classic. In commenting on executives leaving failing companies and claiming the departure on "pursuing other interests", commenter 'Wanderer' writes:

The other night on Mad Money, Jim Cramer addressed this issue himself. "Whenever I hear that one of these executives has resigned to spend more time with his family," he said, "I grab my wallet and start selling (stock), because these are guys that don't care about their families."