2014-12-01

The other horrible thing that happened in the US on this day in 2001

2001 – Less than two months after disclosing accounting violations, Texas-based energy firm Enron filed for Chapter 11 bankruptcy, evaporating nearly $11 billion in shareholder wealth.

Amazing to me how Ken Lay got away with never ever getting a conviction on his record.

No comments:

Post a Comment

The Roots of Capitalism: Slavery and the Sugar Trade.

https://thetricontinental.org/study-sugar-and-slavery/ This is very painful to read, but necessary to always remember. Especially in those t...