Enron news from FierceFinance
News
Is fair-value accounting just?
In the wake of the Enron crisis, "fair-value accounting" seemed like a good idea. It was designed to create reporting uniformity and make it harder to play games. But it's turning out poorly for Wall Read more...
Putting Bear Stearns to rest is tricky
TheStreet.com reports that some analysts are "furious" over a recent decision that characterizes them as "non-administrative" personnel. At first blush, one would think that is Read more...
ALSO NOTED: John Thain says he's not heading into politics; SEC may require banks to hold more cash as cushion; and much more..
Company News: > Court approves Citigroup settlement over Enron. Article > Thain says he's not heading into politics. Read more...
How a bear raid might work
There has been a lot of talk--and probably a government investigation--about whether short sellers powered Bear Stearns out of Read more...
Inside the near-fiasco at Lehman Brothers
Lehman Brothers deserves plaudits for its ability to pick its way through the recent rumor-laden minefield. It is not the next Read more...
ALSO NOTED: Meredith Whitney continues to pare bank estimates; Another bid for Bear Stearns to emerge?; and much more...
Company News: > Another bid for Bear Stearns to emerge? Article > Citigroup settles Read more...