To: vmatt
No, it would not have exposed the fiscal vulnerability of Enron, the problems were well hidden due to the government regulations which forced separate accounting of each division. One division might show a profit, but two might be showing losses and the overall net was never revealed.
188 posted on
01/14/2002 1:00:37 PM PST by
Eva
To: Eva
No, it would not have exposed the fiscal vulnerability of Enron, the problems were well hidden due to the government regulations which forced separate accounting of each division. One division might show a profit, but two might be showing losses and the overall net was never revealed.I disagree, please see link above.
189 posted on
01/14/2002 1:16:18 PM PST by
vmatt
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