Enron: The Untold Story - From History's Hidden Engine

http://www.socionomics.net
When news of the Enron scandal first broke, many thought the collapse of the 7th biggest company in the U.S. would bring down the markets. In fact, when Enron went under, exactly the opposite happened. Rather than examine this fact about Enron's "affect" on the S&P 500, most in the financial media ignored it, tossing by the wayside their previous analysis, which plainly forecast a devastating market "reaction" to the Enron scandal. This clip from the documentary, History's Hidden Engine, explains why the Enron "affect" means "no affect at all." After this video, check out additional resources on the new science of socionomics at http://www.socionomics.net.

Category:

News & Politics

Tags:

• enron
• scandal
• stock
• market
• skilling
• lay

[exenrontexas]

Enron came out of a very profitable and very honest company. Ken Lay actually added no net value to the company and what was left after all the fraud was dealt with was about what it was worth when Lay took over. Fifteen years of 24,000 people working hard was just blown away along with their life savings. Lay was a criminal when he seized power and spread his criminality in politics and business. It would have been better if he had never been born.

[wajimya]

I couldn't agree with you more. you are so right.

[subbeast]

lol, my brother, a stockbroker, attempts to convince me off this all the time.

[beancube2008]

There is nothing new about Enron fraud. First pick survey of skew. Pick the similar ones with the most and lest aversive for comparison. Exposing the most aversive, busy people will automatically lean to the other one. The DOW controls the pools of legality and stage them, then let the games on. Scientific mindset would ignore adversity and stay the course of collecting specimens for sharing evidences. Crack the causes of behaviors, not afraid of people and collecting more specimens and cracks.

[altha2008]

a lot of people comline about enron now but as long as companies make them money and icnrease the values of their 401k and roth ira they do not care

[Kinkoyaburi]

Oh, video made by Enronists! How sweet...

[keyofdeborah]

yes. And, when a company lays off 10,000 workers thier stock goes up. Do they teach this in economics? You bet they do not.