balance sheets across the economy are very high risk

verfasst von leibovitz, 10.12.2001, 13:55

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But there are other lessons in regard to Enron and the battle for investment survival, because Enron was a huge user of debt, derivatives, as well as"creative financial accounting" - three things we have constantly warned about in recent years. Earnings from many companies are badly polluted, and balance sheets across the economy are very high risk. Note private domestic non-financial debt on chart E0503 below. There could easily be more Enron-type situations out there.


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gesamter Thread:

• ENRON and the battle for investment survival - leibovitz, 10.12.2001, 13:33
  • balance sheets across the economy are very high risk - leibovitz, 10.12.2001, 13:55