justin_o_guy2
Serious Thumper
   
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What happened?
Posts: 55279
East Texas, 1/2 dallas/la.
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Man,that's been so long ago I forgot about it. I was fixing copiers and they were buying All kindsa stuff from us. Nice chairs,desks,cubicles, a monstrous conference table that wouldn't fit in the elevator. We carried it up the stairs. Nearly killed us all. Heavy sumbitch, and it had to be held almost vertical to make the turns. And then It was Over. I'm sure it's All the fault of Republicans or you wouldn't have mentioned it.
A quick search and
Now the question is how Enron has collapsed? The collapse of Enron was the largest bankruptcy in the US history. The stock’s price dramatically collapsed from $80 per share to 30 cent per share. The collapse was mainly due to the management’s fraudulent practices. Enron lied about its profits and when the deception was unfolded, investors and creditors pull back their financial resources, which finally cause the company to face bankruptcy. Over expansion and excessive borrowings have also contributed to the company’s eventual demise. The finances were a disaster, this happens because of poor management and due to intentional deception and fraud. Poor management, we referred this as a systemic corporate governance failure.
Who went to jail? Solandra? IDK.. And with Enron, did they use the company as a slush fund that declared bankruptcy immediately after they gave, you pick a number, IDK if it's millions or billions, supporting one political party? It's gonna be interesting to see how this shakes out. Did any Republicans go visit Ukraine after we shipped them billions? Why did anyone Go there? A war zone? Don't they have Zoom calls? I'm confused about why anyone would go there. I certainly wouldn't want to.
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