Nice read. I am wondering how come all the fund managers and investment bankers didn't find this odd. One part of the blame is definitely Enron. I would like to hold these folks also responsible for misleading investors of the funds. We trust them and put in money and we incurred loss!!
Thanks Ramesh! Enron played it well by disclosing so much information - useless or useful - wall street just could not catch up with the stuff the company put out and get into it - by the time some did - it was too late. They just didn't have the competence.
Nice read. I am wondering how come all the fund managers and investment bankers didn't find this odd. One part of the blame is definitely Enron. I would like to hold these folks also responsible for misleading investors of the funds. We trust them and put in money and we incurred loss!!
Thanks Ramesh! Enron played it well by disclosing so much information - useless or useful - wall street just could not catch up with the stuff the company put out and get into it - by the time some did - it was too late. They just didn't have the competence.
Interesting read!
Thank you Ila! :)