I had a brief back-and-forth with Tim Reason, the Editorial Director of CFO.com which is notable because though he disagrees with me about Enron, he had actually done some research and could point to specific items to answer instead of giving me the usual blanket accusation that “Enron was corrupt.” Check it out.
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Cara, great exchange, very well done. I wish more of the conversation about Enron was like this.
Same here. He actually cited facts instead of just screaming corruption.
I can have a conversation with people like Tim Reason. That’s a nice thing.
Take a look at this: http://www.newworldencyclopedia.org/entry/Enron.
It contains the statement:
“At the end of 2001 it was revealed that Enron’s reports of high profits were based on an institutionalized, systematic, and creatively planned accounting fraud, known as the “Enron scandal.”"
How incredibly inane to reduce the history of Enron to this.
Hahahahaah! That is hilarious. Dude, could you be more granular, maybe? Explain WHAT happened?
Sadly, that kind of thinking is not uncommon. In fact, it is the norm. That is one reason Tim Reason was so refreshing to me. Though he disagrees with my position, he could at least articulate a few specific things to support his position.