Sunday, January 20, 2002

401 reasons to love Enron Employees of the energy trader are furious at the loss of their life savings, but the debacle could finally be the catalyst for long-needed retirement fund reform. [Salon.com] ...the irony would be if something good came out of this...not like most, where the rich get richer and buy themselves out of trouble...mj 10:42:43 PM

Andersen Says Enron Failed on Business Merits The head of accounting giant Arthur Andersen, under fire as auditor of bankrupted Enron Corp., sought on Sunday to cast the company's spectacular collapse as the consequence of a failed business model rather than a result of illegal practices. [Reuters] ...ah, the joy of spin and corporate crack. See the silly man in the suit lie through his teeth...mj 2:21:51 PM

Capitalist pigs The sordid tales of Enron plutocrats looting the company of its treasure as their employees and shareholders faced ruin are enough to turn you into a class warrior. [Salon.com] ...great commentary on what is going down in this case. These people need to suffer, or the fallout could get even worse. This is too public, too big a rip off...then again we said the same thing about the S&L scandal...mj 12:22:06 AM

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