Category Archives: Enronarama

Brian Linse makes the case that President Bush is tainted by his association with the Enron crowd. Says Brian Regardless of what illegal shenanigans the Enron boys may or may not have gotten up to in the past, Bush will … Continue reading → Continue reading →

The Wall Street Journal blames the fall of Enron on Bill Clinton. Well, more specifically, they attempt to blame Enron’s sharp practices on “the moral climate” of the Clinton years: We’d say it’s also impossible to understand Enron outside of … Continue reading → Continue reading →

So another nugget which was carefully obscured by Enron’s opaque accounting was the fact that the company paid no income tax for four of its last five years. They took advantage of numerous loopholes which allowed them to launder profits … Continue reading → Continue reading →

Will Vehrs cites some sobering comments from Joseph Britt about Enrongate and its magnitude as a news story. I’ve had my fun piling on Enron and will continue to do so, but Britt is dead right – In the end … Continue reading → Continue reading →

Today Arthur Anderson fired the lead Enron auditor, citing the “massive destruction of documents” as the SEC started investigating Enron. Other accountants on this team were recalled from Houston and/or put on administrative lead. Stay tuned, kids. It’s gonna be … Continue reading → Continue reading →

Boy, the hits just keep on coming for Enron, don’t they? Let’s see, we have Ken Lay calling Paul O’Neill and Don Evans to warn them about the impending implosion (bet some Enron employees would have liked the heads-up, too), … Continue reading → Continue reading →

From page one of today’s Chronicle business section: GALVESTON — American National Insurance Co. and its subsidiaries lost about $20 million in the Enron Corp. stock crash because Enron executives and independent accountants lied about the energy giant’s worth, an … Continue reading → Continue reading →