Who’s the Fish?

Bernard E. Munk

Chapter Chapter 1 in Disorganized Crimes, 2013, pp 1-12 from Palgrave Macmillan

Abstract: Abstract This book stemmed from my curiosity over the spectacular growth and ultimate collapse of Enron in 2002. I had first become familiar with Enron as an oil trader in the 1980s, then as a terminal owner and utility fuel supplier, and finally as an energy consultant to a Wall Street investment bank in the 1990s. Along with a number of other companies whose (common) stock had first soared and were later revealed as financial fiascos as the so-called “Long Boom” ended, Enron filed for bankruptcy on December 2, 2001. The similarities between these financial fiascos were beguiling. Each displayed a common equity price pattern of a comparatively long period of rising prices followed by a sudden and rapid disintegration

Keywords: Corporate Governance; Investment Bank; Supply Contract; Future Trading; Credit Crisis (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-33027-7_1

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DOI: 10.1057/9781137330277_1

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