Wall St isn’t the only street full of stories of the GFC, dodgy business deals and shonky accounting, now that Enron — a musical about the rise and fall of the US giant — has hit Broadway.
Enron
Should banks profit off Greek deception?
After news that Goldman Sachs and J.P Morgan helped Greece cover up their debt, Floyd Norris asks if the banks who aided Greece’s lies made any money and if so, should they be allowed to keep it?
Improved Volcker plan still doesn’t go hard enough
With the mooting of the Volcker Rule, it appears that finally the Obama Administration is taking the long-awaited stick to Wall Street.
China 2: bubble a benchmark in capital spending
While the China bubble could continue for months or years to come — a planned economy not known for human rights and continuing to defy gravity would also need to defy history, writes Adam Schwab.
Indian IT fraudster turns to Shakespeare
India now has a corporate scandal to compare to Enron, after the chairman of one of the world’s largest IT companies poetically admitted to a multi-billion dollar fraud, reports Michael Feller.
