Going down as it came up. (Devil in the Details).(Brief Article)
American Prospect, The, January, 2002
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WE CAN ONLY IMAGINE THE tension in Enron's executive offices in the week before it filed for bankruptcy. Each day brings new revelations about the company's dubious business practices and dire financial status. Dynergy seems about to pull the plug on its proposed acquisition. The company's net worth, as measured by its toppling stock valuation, is approaching that of the barbershop two blocks over.
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Clearly, it's time for decisive action. Should salary cuts go into effect to keep layoffs to a minimum? Should the private jets be unloaded? Should a special fund be set up for ...
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