Monday, February 27, 2006

Trip Down Memory Lane

Just for kicks, I thought it would be fun to step into the time machine and glance at Enron's 1999 annual report. We can see how useful these things are in monitoring our investments.

First, let's make sure the firm we're dealing with has their values firmly in place:


OK, good. Now let's make sure we're dealing with a plucky, innovative firm. The report is peppered with rhetorical questions - here's one......


I guess they didn't want to print the answer to that one ("Because Enron illegally manipulated the markets.")

Let's at least make sure a third party vouches for the accuracy and completeness of the facts presented herein:


Good, good. Strange, I can't seem to find the phone number for this firm anymore.

This business fiasco was brought to you by.......

3 comments:

costas1966 said...

Good funny stuff. I love it!!!

costas1966 said...

How about this for entertainment?
"The Winners of The New World" By JIM CRAMER. Written at the top of the internet bubble.http://bactria.blogspot.com/

Stephen Jamison said...

How many times must we have the old adage validated, that "not all is as it seems"? To recall Bertrand Russell's apt observation, paraphrased: if you live long enough, you will be wrong about (nearly) everything. Hows the market parallels life!