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Enron

A Decade Far Worse Than a "Big Zero" (1999-2009)

Joseph A. Palermo | Posted 12.29.2009 | Politics

Read More: Big Zero, Lloyd Blankfein, Global Crossing, Enron, Gramm-Leach-Biley Act, The 2000s, George W. Bush, Newt Gingrich, Worldcom, Goldman Sachs, Robert Rubin, Tyco, President Bill Clinton, Bob Dole, Paul Krugman, Joe Lieberman, 1999-2009, Corporate Power, Worse Than Zero Decade, Politics News
Joseph A. Palermo

We can call the 2000s the "Worse Than Zero" decade or the "Big Zero," or anything we wish, but what characterized it most for me was the near total control of corporations, especially over our civic institutions.

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Tiger Woods = Enron (Frank Rich Fights Flimflam With Flimflam)

David Quigg | Posted 12.21.2009 | Media

Read More: Newspaper Columnists, Politics, Tiger Woods Affair, Golf, Ken Lay, Arthur Andersen, Tiger Woods, Frank Rich, Enron, New York Times, Media News, Accenture, Barack Obama, Media News
David Quigg

A Martian reading Rich's words would almost certainly emerge from the column believing that Tiger Woods got famous on the strength of his claims of being faithful to his wife.

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Hot Messes Of The 2000s (PHOTOS)

Huffington Post | Posted 12.16.2009 | Comedy

Read More: Britney Spears, California, Tiger Woods, Enron, Paul Abdul, Jon and Kate Plus 8, Nadya Suleman, Orly Taitz, Tara Reid, Lindsay Lohan, Amy Winehouse, Shamwow Guy, Mel Gibson, Hot Mess, Hot Messes, Iconic Hot Messes, Slidepoll, Comedy News

Hot messes aren't just disaster areas. They're not just scandal makers. They're a very specific breed of person who is persistently crazy in both styl...

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One Day in Cheating: Accenture? Really?

Jeff Kreisler | Posted 12.15.2009 | Comedy

Read More: Cheater, Tiger, Arthur Andersen, Enron, Elin, Accenture, Tiger Woods, Infidelity, Golf, Moral, Satire, Sex, Hypocrisy, Woods, Elin Nordegren, Cheat, Cheating, Book, Comedy News
Jeff Kreisler

Accenture Cuts Tiger The Cheater Says: Really? Accenture? Formerly Arthur Andersen, the company that gave Enron accounting advice, then audited ...

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Fixing One Wall Street Scandal, Forgetting the Last

Rep. John Sarbanes | Posted 12.09.2009 | Business

Read More: Worldcom, Wall Street Crisis, Wall Street, Financial Reform, Enron, Sarbanes-Oxley Act, Sarbanes-Oxley, Financial Regulation, Business News
Rep. John Sarbanes

When companies of any size choose to access the capital markets, they hold themselves to a higher standard. Investors deserve the same level of reliable financial reporting from all public companies.

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Nomi Prins: Wall Street Banks May Be Repeating Mistakes That Led To Enron

The Daily Beast | Nomi Prins | Posted 12.02.2009 | Business

Read More: Enron, Banking Crisis, Nomi Prins, Wall Street Crisis, Big Banks, Glass-Steagall, Business News

Enron was the financial scandal that kicked off the decade: a giant energy trading company that appeared to be doing brilliantly--until we finally not...

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Teflon Dick: How Cheney Uses Media For Protection

Linda Milazzo | Posted 12.03.2009 | Media

Read More: House of Representatives, Newspapers, Chevron, Attorney General Holder, Criminal Prosecution, Enron, President Barack Obama, Television Networks, Energy Policy, Democrats, Imperial Presidency, Barack Obama, Dick Cheney, Blogs, Constitution, Exxon, Keep America Safe, 2012 Presidential Election, Media Manipulation, Liz Cheney, Radio, Nancy Pelosi, New York Times, Fox News, Paul Krugman, Republicans, Unitary Executive, Senate, Magazines, Media News
Linda Milazzo

Dick Cheney has committed unconstrained, and as yet unprosecuted offenses, that include circumventing the Constitution and lying the nation into war.

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The Danger of Backsliding

Mike Lux | Posted 11.13.2009 | Politics

Read More: Taxes, David Sirota, Offshoring, Economics, Investment, Enron, Sarbanes-Oxley, Politics News
Mike Lux

In a political system like ours dominated by big money and the lobbyists that money hires, democracy requires eternal vigilance, even in years when Democrats control of Congress and the White House.

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Brazil's Big Blackout of 2009

Chris McGowan | Posted 11.12.2009 | World

Read More: Big Blackout 2003, Rio De Janeiro, Brazil, Brazil Power Outage, Brazil Blackout 2009, Enron, Paraguay, Massive-Brazil-Blackouts, Itaipu Dam, Parana River, World News
Chris McGowan

Our home was plunged into darkness, as was our block, the city, the state, much of eighteen states in Brazil, and Paraguay. An estimated 60 million people were without power for three hours or more.

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Sarbanes-Oxley Act: Amendment To Exempt Small Firms Passes House Committee

Rolfe Winkler | Posted 11.04.2009 | Business

Read More: John Adler, Sarbanes-Oxley Act, Enron, Regulation, Worldcom, Securities and Exchange Commission, Consumer Protection, House Financial Services Committee, Business News

An amendment that would permanently exempt small public companies from complying with a key provision of the Sarbanes-Oxley Act advanced in Congress t...

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Shahien Nasiripour

House Panel Votes To Permanently Exempt Small Firms From Part Of Post-Enron Law

HuffingtonPost.com | Shahien Nasiripour | Posted 11.04.2009 | Business

Read More: Worldcom, Scott Garrett, Arthur Levitt, Barney Frank, Enron, Obama Administration, Investors, John Adler, Rahm Emanuel, Mary Schapiro, Sarbanes-Oxley Act, Financial Crisis, Sec, Securities and Exchange Commission, Business News

A House panel voted Wednesday to permanently exempt more than half of all publicly traded companies from a seven-year-old post-Enron measure designed ...

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Shahien Nasiripour

White House Quietly Working To Weaken Investor Protection

HuffingtonPost.com | Shahien Nasiripour | Posted 11.02.2009 | Business

Read More: John Adler, Investor Protection, Worldcom, Financial Reform, Enron, Sarbanes-Oxley Act, Financial Crisis, Consumers, Securities and Exchange Commission, Financial Regulation, Carolyn Maloney, Investors, Business News

The White House is quietly working to undercut a key post-Enron reform, significantly weakening protection for everyday investors and threatening the ...

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Shahien Nasiripour

Another House Democrat Backs Away From Loophole In Investor Protection Bill

HuffingtonPost.com | Shahien Nasiripour | Posted 10.31.2009 | Business

Read More: Financial Fraud, Consumer Advocates, House Democrats, Enron, Investor Protection Bill, Iceland, Maloney Investor Protection Bill, Carolyn Maloney, Rep. Carolyn Maloney, Business News

A leading House Democrat backed away Wednesday from a sweeping proposal that would have watered down a post-Enron reform, permanently exempting small ...

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Shahien Nasiripour

House Democrats John Adler, Carolyn Maloney Move To Weaken Investor Protection Bill

HuffingtonPost.com | Shahien Nasiripour | Posted 10.27.2009 | Business

Read More: John Adler, Worldcom, Financial Reform, Enron, Sarbanes-Oxley Act, Financial Crisis, Consumers, Securities and Exchange Commission, Financial Regulation, Investors, Carolyn Maloney, Business News

Two House Democrats are planning to introduce amendments Tuesday to exempt small- and medium-sized companies from a key post-Enron reform. Consumer ad...

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Supreme Court Will Hear Jeff Skilling's Appeal

AP | MARK SHERMAN | Posted 10.13.2009 | Business

Read More: Supreme Court Cases, Supreme Court, US Supreme Court, Enron CEO, Jeff Skilling, Jeff Skilling Supreme Court, Enron, Business News

WASHINGTON — The Supreme Court said Tuesday it will take up former Enron CEO Jeff Skilling's appeal of his convictions for his role in the colla...

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Jeff Skilling Appeal: Former Enron CEO Will Get Supreme Court Hearing

AP | MARK SHERMAN | Posted 10.13.2009 | Business

Read More: Skilling Enron Collapse, Enron Skilling Appeal, Skilling Appeal, Enron Appeal, Supreme Court Skilling Appeal, Jeff Skilling, Supreme Court, Enron, Jeff Skilling Enron, Jeff Skilling Insider Trading, Jeff Skilling Conspiracy, Supreme Court Enron, Jeff Skilling Fraud, Business News

WASHINGTON — The Supreme Court said Tuesday it will take up former Enron CEO Jeff Skilling's appeal of his convictions for his role in the colla...

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Arnold Schwarzenegger, Jerry Brown, Bill Clinton and That Crazy California Governorship

William Bradley | Posted 10.08.2009 | Politics

Read More: John Emerson, Bill Clinton, Steve Westly, John McCain, Ronald Reagan, Tom Campbell, Antonio Villaraigosa, Pat Brown, Arnold Schwarzenegger, Barack Obama, California, Meg Whitman, 1992 Presidential Race, Gavin Newsom, Warren Beatty, Jerry Brown, Steve Poizner, 2010 Gubernatorial Race, Hillary Clinton, Tom McClintock, Bill Lockyer, Tonight Show, Biltmore Hotel, Century Plaza Hotel, Don Sipple, 2003 California Recall, Dot-Com Boom, Field Poll, John Garamendi, Enron, Pete Wilson, Oakland, Los Angeles, San Francisco, Sacramento, Politics News
William Bradley

California's next governor is likely someone who's already won a landslide election as governor, albeit 30 years ago. That's Jerry Brown, who won his latest landslide for Attorney General in 2006.

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To "Americans for Prosperity" Capitalism Is a Love Story

Joseph A. Palermo | Posted 10.10.2009 | Politics

Read More: Tim Phillips, C-Span, David Koch, President Obama, It's a Wonderful Life, Ann Coulter, Enron, Frank Capra, Koch Industries, Newt Gingrich, Capitalism, Tsa, Savings and Loan Scandal, The 2016 Olympic Games, Henry Clay Frick, Cnbc, Tyco, Free Market Fundamentalism, Americans for Prosperity, Laura Ingraham, Worldcom, Afp, Larry Kudlow, Supply-Side Economics, Knights of Labor, National Defending the American Dream Summit, Megan McCain, Long-Term Capital Management, John Birch Society, Pinkertons, Politics News
Joseph A. Palermo

The only distinguishing feature of the Americans for Prosperity Foundation's "National Defending the American Dream Summit" was its astonishing homogeneity both in thought and in demography.

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Sorkin On What Happened After Lehman

Robert Teitelman | Posted 10.05.2009 | Business

Read More: Lloyd Blankfein, Enron, Geithner, Business, Wachovia, Great Panic of 2008, Goldman Sachs, Bank of America, Merrill Lynch, JP Morgan, Morgan Stanley, Wall Street, Lehman Brothers, Media Maneuvers, Investment Bank, Andrew Ross Sorkin, Robert Teitelman, Ben Bernanke, Tarp, Timothy, Business News
Robert Teitelman

New York Times' reporter Andrew Ross Sorkin's excerpt microscopically examines the actions of some key regulatory and Wall Street players, in this case during the period immediately after Lehman failed.

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Scott O'Malia: Obama Appoints Ex-Lobbyist For Enron-Like Company To Top Regulator Position

Mother Jones | David Corn and Daniel Schulman | Posted 11.17.2009 | Politics

Read More: California Public Utilities Commision, Mirant, Mitch McConnell, U.S. Senator Debbie Stabenow, Maria Cantwell, Lobbyists, George W. Bush, President Obama, Enron, Senate Energy and Natural Resource Committee, Scott O'malia, Commodity Futures Trading Commission, Politics News

During his confirmation hearing last year, Scott O'Malia, a Republican Senate aide nominated to be a commissioner on the Commodity Futures Trading Com...

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Practical Economics 101

Jim Selman | Posted 10.23.2009 | Living

Read More: The Beatles, Freshwater Economists, Economics, Enron, New York Times, Bill Gates, Worldview, Technocrat, Saltwater Economists, Bernie Madoff, Arthur Anderson, paul_krugman, Neo-Keynesian, Living News
Jim Selman

Can any of us afford the arrogance to operate as if our point of view is the truth?

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Dissent Commodified

Thomas Frank | Posted 09.19.2009 | Politics

Read More: Enron, Woodstock, Baby Boomers, General Motors, Chrysler, Politics News
Thomas Frank

As we remember those poignant early days when Boomers took on the establishment, let us also remember that any establishment is lucky to have an opposition like this one.

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More Pigs at the Trough: What Enron and WorldCom Can Teach Us About Goldman and AIG

Arianna Huffington | Posted 08.27.2009 | Business

Read More: Aig, Ken Lay, Joseph Cassano, Pigs at the Trough, Worldcom, Tyco, Enron, Financial Crisis, John Rigas, Bernard Ebbers, Business News
Arianna Huffington

In 2003, when I wrote Pigs at the Trough, America's corporate crooks were largely playing with shareholders' money. The new batch of Pigs I cover in the just-released updated version is playing with taxpayer money -- trillions of it.

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The Republicans Win Big in California!

Joseph A. Palermo | Posted 08.21.2009 | Politics

Read More: California Economic Crisis, California, Senator Darrell Steinberg, California Governor Arnold Schwarzenegger, Enron, Tea Baggers, California Republicans, Santa Barbara Oil Drilling, Arnold Schwarzenegger, Schwarzenegger, Budget Deal, Duke Energy, Grover Norquist, California Budget Crisis, Republican Party, Howard Jarvis, Budget Standoff, Reliant, Politics News
Joseph A. Palermo

Schwarzenegger and his horde of retrograde Republican lawmakers got everything they wanted in a horrific bargain with Democratic leaders that has ended California's budget impasse.

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Are You Wasting Your Time On Values Statements?

Marshall Goldsmith | Posted 08.14.2009 | Business

Read More: Suppliers, Respect Fo Rpeople, Strategy, Employees, Return for Shareholders, Inspirational, Johnson & Johnson, Values, Enron, Customer Satisfaction, Innovation, Integrity, Quality, Business News
Marshall Goldsmith

Companies have wasted millions of dollars and countless hours of employees' time agonizing over the wording of statements that are inscribed on plaques and hung on walls. But this obsession with words belies one very large problem: There is almost no correlation between the words on the wall and the behavior of leaders.

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