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Assigning the Blame for the Enron Débâcle

  • Dimitris N. Chorafas

Abstract

Victory, says an old proverb, has many fathers, but defeat has none. Enron ended in defeat. Who was responsible for its débâcle? “Its management,” is an obvious answer, but it will be short-sighted if limited to its top brass. Even an answer which says: “all of the company’s management,” is partial.

Keywords

Hedge Fund Derivative Market House Committee Bank Holding Company Prudential Supervision 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Notes

  1. 1.
    See D.N. Chorafas, Managing Derivatives Risk, Burr Ridge, IL, Irwin Professional Publishing, 1996.Google Scholar
  2. 2.
    See D.N. Chorafas, Managing Derivatives Risk, Burr Ridge, IL, Irwin Professional Publishing, 1996.Google Scholar
  3. 4.
    D.N. Chorafas, Alternative Investments and the Mismanagement of Risk, London, Euromoney, 2002.Google Scholar
  4. 7.
    D.N. Chorafas, Alternative Investments and the Mismanagement of Risk, London, Euromoney, 2002.Google Scholar
  5. 11.
    D.N. Chorafas, Outsourcing, Insourcing and IT for Enterprise Management, London, Palgrave Macmillan, 2003.Google Scholar

Copyright information

© Dimitris N. Chorafas 2004

Authors and Affiliations

  • Dimitris N. Chorafas

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