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THE TRUTH ABOUT ENRON
January 4th, 2002 by Clark Humphrey

What was the real story behind the infamous company that helped buy the 2000 Presidential election, engineered the 2001 Calif. electricity crisis, and then went spectacularly kablooey? According to Fortune, it was a “new economy” company in an “old economy” industry. In other words, it behaved just like a dot-com, all bombastic and arrogant and obsessed with the stock price and executive perks (not necessarily in that order); devoutly disinterested in stable financials, accurate accounting, or other squaresville relics.


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