07/08/2002
Paid access archiveSenators: Enron Board Signed Off on Deceit
U.S. senators blasted members of Enron Corp.'s board of directors in a report, accusing them of contributing to the firm's collapse by failing to curb the Houston energy trader's risky accounting tactics, approving conflicts of interest and rubber-stamping enormous cash payouts to executives.
Discovering Your Inner Trader
Picture a Wall Street trader striding through the doctor's waiting room and flopping down on the couch. He rages about the collapse of WorldCom, then falls silent. His therapist leans forward and asks quietly, ""And how did that make you invest?""
Reds Routed or Red Revanche?
The power of the once-mighty Communists is slowly fading away.
Molotov Had A Backside Replacement
I asked one of the veterans why the Molotov's deck was strangely configured and this is what he told me.
Feelgood Factor a la Russe
How predictable was it that WorldCom would be seized upon as evidence all is well in the Motherland?
IFC Lends $30M for Giant Antonov
International Finance Corp. signed off on a $29.9 million loan to the Volga-Dnepr aircraft builder to help finance the construction of the company's Antonov An-124-100 Ruslan.
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