Site Meter

Failing to Heed the Lessons of Enron

You may also like...

1 Response

  1. Jay Levitt says:

    Is it that surprising, though?

    Bear Sterns failed because it couldn’t manage money.

    Bear Sterns is composed of its employees. Therefore, those employees, collectively, couldn’t manage money.

    Why would we expect them to make wise investment decisions with their own money? They’re demonstrably no good at that very task.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

To prove you're a person (not a spam script), type the security word shown in the picture. Click on the picture to hear an audio file of the word.
Anti-spam image