Andrew Fastow said his LJM side deals were used to bailout Enron. That LJM was being funded by banks and many other investors. I just think Fastow was clever in persuading banks / investors to invest money into LJM. There excessive money obviously turned Fastow into greedy-male-whore.
I think it is an absolutely beautiful thing to know that I live in a country where if I work obscenely hard at something, and am smart about it, I can make a lot of money. And that is an ideal that I respect with all of my heart. But these Enron assholes abused it, and have damn near ruined it for everyone who would do it respectfully and ethically. I just hope that it isn't gone by the time I get into the market.
@FrizziExRose you can still make money by trying hard and being smart. The only thing these "genius" people did was bring in new regulations to prevent fraud and unethical practices of business. You can not do what they did respectfully because that just wouldn't make sense at all.
Did he really just compare the criticisim of Enron to the 9/11 attacks on the U.S.?!?!?!?!? What an asshole!
hero1naka 3 weeks ago
I am rather curious on how these individuals could sleep at night knowing that thay were lying though their teeth?
ahilleary1 1 month ago
Andrew Fastow said his LJM side deals were used to bailout Enron. That LJM was being funded by banks and many other investors. I just think Fastow was clever in persuading banks / investors to invest money into LJM. There excessive money obviously turned Fastow into greedy-male-whore.
kiheitek100 1 month ago
@kiheitek100 he more used Enron's business as leverage for the banks to invest in his side deals
MGuido1108 3 weeks ago
I think it is an absolutely beautiful thing to know that I live in a country where if I work obscenely hard at something, and am smart about it, I can make a lot of money. And that is an ideal that I respect with all of my heart. But these Enron assholes abused it, and have damn near ruined it for everyone who would do it respectfully and ethically. I just hope that it isn't gone by the time I get into the market.
FrizziExRose 3 months ago 2
@FrizziExRose you can still make money by trying hard and being smart. The only thing these "genius" people did was bring in new regulations to prevent fraud and unethical practices of business. You can not do what they did respectfully because that just wouldn't make sense at all.
SmartBrainification 2 months ago 2