They injected a promising start up with venture capital, transplanted accounts, massaged and laundered, then cooked the books, created instant liquid assets and shareholder value.
Made those bold acquisitions, the soft contributions financed with employee options, written off as uncaptured expenses and leased back to Enron. Ah! Those were the days.
But then came the forced resignations and proposed reorganizations under Chapter 11. Now the ex-CEO, after a brief but intense demonstration and a sweaty interrogation, sips a cool margarita, in his yacht off the coast of the Caymans, while the class action suits play out.
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