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| Topic: |
Book Reports
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| Number of pages / Number of words: |
19 / 5069 |
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Certainly to equate Enron's disaster to a private individual living off his or her credit cards or to a simple pyramid scheme or even to the mechanics of an uncomplicated historic market bubble would be to grossly oversimplify the issue. Enron was not a banal investment scheme, it was a strategic company, tightly linked to the US government and to the US energy policy (or lack thereof); a company that was extremely active in the domestic politics of the United States, in the political finance of the country's two major parties, a company that was an unhesitant player in foreign markets and a bold participant in the international energy politics...
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Certainly to equate Enron's disaster to a private individual living off his or her credit cards or to a simple pyramid scheme or even to the mechanics of an uncomplicated historic market bubble would be to grossly oversimplify the issue. Enron was not a banal investment scheme, it was a strategic company, tightly linked to the US government and to the US energy policy (or lack thereof); a company that was extremely active in the domestic politics of the United States, in the political finance of the country's two major parties, a company that was an unhesitant player in foreign markets and a bold participant in the international energy politics...
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General points of the essay
Enron Scandal: Who Are Responsible for Enron?¦s Bankruptcy
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BENEFITING FROM GAS CREDIT CARDS
credit cards disadvantages
Credit Cards: Not So Evil
Don't Let Credit Cards Rule Your Life
Enron
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