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
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