Monthly Archives: August 2008

Documenting Enron Trades

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Cox, Balls, & Naked Shorts

Oh my god.

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Just Because

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Money Never Sleeps

The whispers are just starting to piss me off now. Is there a sequel to Wall Street, or not? And is it called Money Never Sleeps, or not? QUIT TEASING ME ALREADY. JUST GIVE ME THE GODDAMN SEQUEL, BITCH. Banking … Continue reading

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Journalistic Silence

I became interested in how the media shaped the story when I began to notice that news reports often left out exonerating details of Enron stories. After that, I had to wonder what else was going on that the media … Continue reading

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Enron Rises Again!?

How excited am I to read that Norne is resuming oil production? Extremely. Because it spells Enron backward! And that’s newsworthy! The Norne production and storage ship could resume oil production this week, five days ahead of schedule, after a … Continue reading

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Damn It Feels Good To Be A Banker

Click, right now. No excuses. You can thank me later.

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Mr. Fastow’s Barges: An Enron Fairytale

Once upon a time, there lived a structured-finance guy. He did deals with big banks, like Merrill Lynch, Citibank, Smith Barney, Wachovia, Bank One, Greenwich Natwest. When his company, Enron, wanted to sell its interest in two Nigerian power-producing barges, … Continue reading

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Companies Get Protected From DOJ Pressure

Kate Plourd, writing for CF0.com, has some great news for companies being held hostage by the DOJ. The U.S. Department of Justice revised elements of a controversial internal policy governing federal investigation and prosecution of corporate crimes. The revision — … Continue reading

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Andy Fastow Was Jewish and Therefore, Innocent?

While trying to find out the machinations that went into former Enron CFO Andy Fastow’s scandalously short prison sentence, I found an archival copy of a story in the New York Timeswhich quotes Judge Hoyt, who sentenced Fastow, saying that … Continue reading

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Bloomberg Publishes Jobs’ Obituary

Bloomberg today accidentally published Apple co-found Steve Jobs’ obituary, though he is (as of this writing) still very much alive. His battle with pancreatic cancer, as well as his gaunt appearance at a conference earlier this year has spurred speculation … Continue reading

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Today In Enron History

August 28, 2001. Greg Whalley was tapped as president and COO and Mark Frevert was promoted to vice-chairman to help fill the vacancy in leadership created when Jeff Skilling resigned the previous week. “Greg and Mark bring a wealth of … Continue reading

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Loren Steffy Attempts Enron Rhyme

Loren Steffy attempts to make a rhyme from Lou Pai’s SEC settlement. Here it is: In the faraway land of Enron-Gone-By Lived a really lucky guy named Lou Lung Pai. Enron, you see, was a magical place Where stocks always … Continue reading

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Merrill Lynch Says Tom Cruise Is A Bad Risk

Merrill Lynch is examining its contract with United Artists as the beleaguered bank looks to revise the deal on more favorable terms. Merrill’s goal is to see if studio parent Metro-Goldwyn-Mayer violated any terms by axing Paula Wagner – superstar … Continue reading

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CSI

The sticker is difficult to read but it says, “In Memory of the Police and Firefighters Who Died In New York and Washington DC On September 11, 2001.” It was touching, but also a bit strange to find on a … Continue reading

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