Displaying all articles tagged:


  1. enron
    For Ken Lay, Death Might Have Been Certain, But Taxes Weren’tHe rolled over in his grave today and beat the IRS in court.
  2. enron
    Enron’s Jeff Skilling Denied a New TrialBig surprise.
  3. catching up
    Coffee Talk With Jeff SkillingThe former Enron CEO may never touch money again, he reveals in a prison interview. Also, he is lonely.
  4. worlds collide
    Countess LuAnn and Jim Chanos Will Spend Memorial Day TogetherThat makes sense.
  5. imaginary accounting
    Now Banks Can Just Decide for Themselves What Their Assets Are WorthToxic, shmoxic.
  6. company town
    Hillary Tries to Have It Both Ways With RupertMEDIA • Today’s negotiations between the Hollywood writers and producers, who some say have already struck a deal, reportedly will be held in an “undisclosed location.” We always knew Cheney would come to the rescue! [HR] • German Vanity Fair is being sued for an interview with an infamous neo-Nazi who denied the Holocaust. [Jerusalem Post via HuffPo] • Rift in the house of Murdoch? Rupe complains that his son James can’t dumb down the news to his father’s tough standards. Meanwhile, a savvy voter in Iowa pressed Clinton on her Murdoch connections, and the senator, no surprise, tried to have it both ways. [FT via Mixed Media/Portfolio, The Caucus/NYT]
  7. company town
    Bloomberg’s Baby Problems: They Just Keep Popping OutFINANCE • Another woman joined the federal discrimination lawsuit against Bloomberg LP. After her first child in 2005, her pay fell and her colleagues turned into sharks. One supervisor even asked, “What is this, your third baby?” [NYT] • More of the same on the Street: Bank of America wrote down $3 billion, Bear Stearns $1.2 billion, and British bank HSBC took the cake with $3.4 billion, largely due to U.S. mortgage weaknesses. Meanwhile, Goldman CEO Lloyd Blankfein laughed in everyone’s face, predicting no more write-downs (not that they lost much in the first place) at the Teflon bank. [NYP, NYT, NYT, DealBreaker] • Is the credit crunch just like Enron all over again? So says Bethany McLean, the reporter who first broke Ken Lay’s fraud wide open. [Fortune]