Saturday, March 9, 2002

Enron Must Read... I was doing a little digging and ran across this gem...wow, from March 2001. Someone was doing their homework and saw the writing on the wall. Her name is Bethany McLean and she was bright enough to see what was coming -- sure she did not see the magnitude...but she read the tea leaves. There are some choice quotes in the article: "Enron is a big black box," gripes another analyst.... "If you figure it out, let me know" "The ability to develop a somewhat predictable model of this business for the future is mostly an exercise in futility" "Enron is an earnings-at-risk story" ...ah, the maddness of crowds...mj 10:31:19 PM

"May the lights in the Land of Plenty Shine on the truth some day." -- Leonard Cohen 11:19:43 AM

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