Some news today regarding ENRON.
To the previous posters who said "What Fraud", well, looks like one of the bigger boys is charged with 98 counts of fraud and may be going away for 10 years.
Buh bye....
Interesting to note that Enron stock surged 88% on the news. (From 4 cents to 7 cents, hmmm, used to trade for 90 bucks at one time.)
Here's the link and one of the paragraphs...
http://msnbc.msn.com/Default.aspx?id=3897128&p1=0
Andrew Fastow, 42, is charged with 98 counts of fraud, money laundering, insider trading and other charges for allegedly masterminding a web of schemes that hid Enron’s debt, inflated profits and allowed him to skim millions of dollars for himself, his family and selected friends and colleagues. He has pleaded innocent and is free on $5 million bond. He has asked the court to move his trial, scheduled for April, out of Houston — preferably out of the state.