[Wphile]

Deriatives and bandwidth

I agree this is what toppled Enron. Deriatives with commodities is a very tricky business and Enron had no clue about fiber-optics and bandwidth. Not to mention all that ad revenue on those stupid "why?" commercials. They made everything so complicated, no one could understand what was going on, probably including themselves.

I'm sure there is fraud involved and collusion with the auditors. White collar crime. The political aspect is much ado about nothing except all the sweetheart deals Clinton's administration arranged for Enron: India, Mozambique, etc. Wish that would come out but probably won't since it involves Democrats and not Republicans.

[kitkat]

I'm about to ask an incredibly stupid question, but please tell me whether there is a law, or there isn't a law, that says it's illegal for auditors to shred the evidence. I haven't heard anything on radio, TV, or seen anything in the printed press about such a law. I suspect the reporters don't know the answer either. And this is what the voters will want to know.