Subject:
Leverage Methods used by investors, portfolio managers, issuers, and other market participants to enhance income, even with higher risk. These methods may involve techniques used to artificially or temporarily enhance income. [Capital Market Taxonomy]
The Enron scandal
By John Schroy, on July 7th, 2006 |

Unfortunately for society, Jeff Skilling of Enron told the truth according to tenets of moral relativism learned at the Harvard Business School and with McKinsey and Company, when, on being sentenced to decades in prison, he said, “That’s the way the game is played. You win some, you lose some.”
Skilling was a representative of corporate executives of his time. He did not work alone, nor was he an isolated ‘bad apple’.
US Stocks
By John Schroy, on May 31st, 2006 |

The Sarbanes-Oxley Act of 2002, by discouraging companies to go public, will exacerbate the shortage of equities, with a negative effect on the US stock market, although this was not the intent of its authors. Poorly drafted, ill-conceived, and unfair this law does little to protect investors.
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