Are you familiar with 9/11? Building 7? You know what was in there? All the Enron stuff. I guess that building went down on its own.
Before the New York Times starts running "Portraits in Grief" of former Enron employees, it's worth remembering that even after the collapse, Enron stock is still worth more than the entire Social Security "trust fund."
The only beef Enron employees have with top management is that management did not inform employees of the collapse in time to allow them to get in on the swindle. If Enron executives had shouted, "Head for the hills!" the employees might have had time to sucker other Americans into buying wildly over-inflated Enron stock. Just because your boss is a criminal doesn't make you a hero.
The not-quite-sort-of lie works here too - often an ad will announce that "Congressman Johnson voted for a bill that gave tax breaks to companies like Enron." True - although the bill allowed all companies to accelerate depreciation of copying machines. Yes, Enron benefited, but Enron also benefited from the revolution of the Earth around the sun. Hardly an argument to freeze the planet in one spot.
By incentivizing Wall Street players to sniff out inefficient or corrupt companies and bet against them, short-selling acts as a sort of policing system; legal short-sellers have been instrumental in helping expose firms like Enron and WorldCom.
Being a politician means never having to say you're sorry. You don't have to say, 'I never should have voted to subsidize that ridiculous Enron project in India.' ... After all, they're greedy businessmen and you're a selfless public servant.
If you look at the great frauds of all time, Enron had that phantom trading floor. What Herbalife has is it has phantom or fictitious customers.
Over the weekend, former Enron executives Jeffrey Skilling and Rebecca Carter married each other during a huge ceremony in Houston. The happy couple is planning to honeymoon for three weeks in front of Congress.
These guys [the Catholic church] make Enron look like altar boys.
Yes! We finally captured Martha Stewart. You know, with all the massive and almost completely unpunished fraud perpetrated on the public by companies like Enron, Global Crossing, and Tyco we finally got the ring leader. Maybe now we can lower the nation's terror alert to periwinkle.
Playboy magazine is now doing a 'Women of Enron' pictorial spread. ... Apparently the only thing these women have left to shred is their dignity.
I predict that in the years ahead Enron, not Sept. 11, will come to be seen as the greater turning point in U.S. society.
Today, the Indian government is trying to present privatization as the alternative to the state, to public enterprise. But privatization is only a further evolution of the centralized state, where the state says that they have the right to give the entire power production in Maharashtra to Enron.
When Enron collapsed, through court processes, thousands and thousands of emails came out that were internal, and it provided a window into how the whole company was managed. It was all the little decisions that supported the flagrant violations.
Follow AzQuotes on Facebook, Twitter and Google+. Every day we present the best quotes! Improve yourself, find your inspiration, share with friends
or simply: