Hints and tips:
...Well-intentioned bondholder-protection language triggered accelerated payments to creditors when agencies junked issuers, most famously and dramatically in the case of Enron....
...The SEC was reviewing an application by the Philippine Depository and Trust Corp to serve as the securities borrowing and lending agent, the last major regulatory approval needed before the exchange can...
...Smart reads Fool me three times A New York oil dynasty that was a client of the legendary fraudster Bernard Madoff and lost billions in the demise of Enron has been embroiled in the collapse of FTX....
...But California Burning most comprehensively puts the meat on the bone, told with a style not unlike The Smartest Guys in the Room, about the Enron collapse, or even Ida Tarbell’s History of the Standard...
...It’s a bold statement from someone who helped liquidate Enron’s operations and represented plaintiffs in the Bernie Madoff and Allen Stanford frauds....
...Enron’s directors faced a fraud of baffling complexity....
...It is the strongest collective result since the Enron scandal led to the collapse of Arthur Andersen in 2002 and reduced the Big Five to the Big Four....
...Public listings The gay dating app Grindr will list on the New York Stock Exchange today via a special purpose acquisition company merger with Tiga Acquisition Corp....
...Enter the Public Company Accounting Oversight Board, a US watchdog set up within the SEC in the post-Enron disarray in the early 2000s....
...US to boost Europe military presence The US will establish a permanent headquarters for the US 5th Army Corps in Poland, Joe Biden said at the Nato summit in Madrid....
...The irony of the address — still widely known as Enron House after its former occupant — won’t be lost on him. It is 20 years since Enron collapsed....
...The short seller most famous bet was against energy company Enron before its collapse in 2001....
...One was Jeff Skilling, the Enron chief executive who drove the company into fraud and bankruptcy....
...Never forget that hedge funds also played acentral role in exposing the weaknesses and fraud of Enron, Lehman Brothers and Wirecard....
...Mr Chanos, who rose to fame two decades ago by predicting the downfall of energy giant Enron, said he was particularly shocked by the vitriol aimed at short-sellers — investors that bet shares in companies...
...In one of the highest-profile examples of extradition, US authorities targeted three former NatWest bankers to face US criminal charges linked to collapsed energy firm Enron....
...recorded by Azurix Corp....
...But it’s not like Enron where there is lots of financial engineering behind the scenes,” said Mr White....
...Dubbed Europe’s Enron, it humiliated two large auditing firms, Deloitte and Grant Thornton, and ended up costing the former $149m in damages....
...In 2001 Enron filed for bankruptcy. As it turned out, the only real innovation that was happening was in Enron’s accounting department....
...Dan McCrum’s exposure of one of the biggest accounting fraud cases since the Enron scandal has been jaw-dropping....
...On Friday, he said that Occidental could become a name synonymous with “massive corporate disaster” and “a metaphor for an undisciplined management team” similar to WeWork and Enron....
...It was reported by The Australian newspaper that Mr Hartzer had told his executive team on Monday that the scandal was “not an Enron or Lehman Brothers” and the Australian public were not overly concerned...
...“In the cryptocurrency space, no one is going to care too much about Enron.” And why should they? The entire economy is Fyre Festival, anyway....
...So maybe the lessons of Enron and the attempted decentralisation of energy markets weren't completely wasted....
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