Monthly Archives: November 2011
The Enron Building
The Enron building and the Transco Tower are my two favorite buildings in Houston. I’ve taken lots of photos of both. These are some of the Enron building. I chose these because, in my opinion, it isn’t immediately obvious what … Continue reading
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The Enron Cast: Where Are They Now?
FinancialNews.com is jumping into the Enron fray with a post updating readers about the “Enron cast.” It isn’t the first time I’ve heard that strange vernacular, but it always rankles. The executives – and workers for that matter – were … Continue reading
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Special Guest Blogger: David Bermingham
‘A lie repeated a hundred times becomes the truth’. So said Mao Zedong, or Joseph Goebbels, depending upon your political or other persuasion. As the tenth anniversary of the collapse of Enron approaches, it would be difficult to escape the … Continue reading
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This Is Why I Don’t Ever Talk About Conspiracy Theories
It is painful to read some of the stupidity that people actually believe. Normally I stay away far away from it but for whatever reason, today I ventured out. It was a total monkeyfuck. Some guy said that there were … Continue reading
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Three Random Thoughts About Enron
1. It is a curious thing that nobody else is discussing Jeff Skilling’s new appeal to the Supreme Court. Did the media miss it? Or is there some other reason they’re being quiet? 2. If Enron collapsed due to greed, … Continue reading
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Things On TV
It is funny what you remember, the little bits of information that can last for years, seemingly without purpose. I had always remembered seeing the Enron collapse on television from Washington DC. But what I didn’t realize, until today, that … Continue reading
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The Collapse – November 29, 2001
The next morning, Thursday, the tiny branch office on Kirby Drive of the International Bank of Commerce issued $38 million in cashier’s checks to Ray Bowen. These would be retention bonuses to keep the traders and other high value employees … Continue reading
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Enron Links Continued
Enron Ten Years Later Enron Ten Years Later, Part Two Enron Bad Guys vs. Today’s Financial Fiends Enron Ten Years On: The Collapse Of A Titan Update Sarbanes-Oxley & The Legacy of Enron Update 2 Enron Whistleblower Talks To Fox … Continue reading
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The Collapse – November 28, 2001
It really seemed impossible, when the coup-de-grace came on November 28, 2001. Major bond rating agencies downgraded Enron’s debt to junk bond status. That was bad enough but the downgrade also triggered several accelerated payments worth billions of dollars that … Continue reading
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Happy Birthday, EnronOnline!
On November 29, 1999, Enron launched EnronOnline, an electronic transaction platform that offered free, real-time pricing information for 2,100 commodities, including electricity, natural gas, coal, pulp and paper, clean air credits, bandwidth, weather and credit derivatives, petrochemicals and plastics, and … Continue reading
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Tom Skilling Profiled In NYT
Jeff Skilling’s brother, Tom Skilling, a weatherman in Chicago, is profiled in NYT.
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Jeff Skilling Appeals To Supreme Court Again
CNBC reports: On the eve of the tenth anniversary of Enron’s collapse, the energy giant’s former CEO, Jeff Skilling, is again asking the Supreme Court to grant him a new trial. Skilling, who has served five years of his 24-year … Continue reading
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Conversation With An Enron Executive About The Perils Of Technology
Big: iPhones destroy marriages! Me: Don’t worry, that will never happen to us. I would never let you have a smartphone.
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Enron Execs In Handcuffs
This is the week of the collapse of Enron Corporation so there are a lot of pictures of Enron execs, most of them coming to and from the court house. One trend is to show them in handcuffs if at … Continue reading
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