Enronomics
the study of the accounting practices and legislative influences of enron and the direct effect it had on our financial inst-tution.
(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.
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