Word: learnedness
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Maybe you can only glimpse the soul of a company when it breaks open right before your eyes. But we know now, thanks to Watkins, that Enron hid billions of dollars in debts and operating losses inside private partnerships and dizzyingly complex accounting schemes that were intended to pump up...
(4 of 4) Waxman's line of questioning is exactly the kind of inquiry that White House officials say the public has no patience for. Lengthy probes into the provenance of a few sentences in an already aging federal report, they add, is the sort of duck soup that turned...
What little we do know of him is vague and open to myriad interpretations. We first learned of his existence back in November, when he was discovered fighting alongside the Taliban at Mazar-i-Sharif. The first images were of a shockingly thin young man, filthy and disoriented. A few...
And so the Enron saga goes on, idling in something like neutral for now while the tidbits and hints of intrigue continue to pile up in the wings. And the death of Cliff Baxter may well prove totemic by the time it's all said and done - there's so...
In the long run, a thorough reckoning is a healthy thing. Investor scrutiny of things once taken for granted - and an increased awareness of risk - is part and parcel of the aftermath of a burst bubble, and the lessons taught by Enron, if they're learned, make for a more...