Thursday, June 26, 2003

WHAT IF LEE BRENDSEL RAN ENRON AND KEN LAY RAN FREDDIE MAC?

They didn't, but it's interesting (as a student of business "blow ups") that Ken Lay (ex Chairman of Enron) lost his job for massively overstating Enron's earnings, while Brendsel (ex Chairman of Freddie Mac) lost his job for massively understating income.


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