Enronomics

What is Enronomics?


1.

The study of the accounting practices and legislative influences of Enron and the direct effect it had on our financial institution.

(i.e. mark to market accounting, & the deregulation of energy)

Me to SitiBanc: Well I have on my mark to market accounts a profit of a million dollars, so I would like to apply for a loan, I need - oh, gosh, okay, 1.5 million will work for right now.

SitiBanc: Okay so mark to market - I haven't heard that accounting terms since Key Lay came in asking for 1 billion dollars...

Me to SitiBanc: Yes, I am familiar with Enronomics.

See corruption, enron, finance, accounting, deregulation, energy, houston, money


96

Random Words:

1. a fat bastard, and has other repulsive un-qualities, especially when on motor boats. "look at that GLUBB with a steering wheel&quo..
1. n. A silly slap on the back of the head, usually done to someone who is trying to be funny and he is not. "Look at that guy, he is..
1. When a lesbian and a boy are friends and together you call it a "Dyke 'n' Ike". Those two are too close to not be D..