The Most Arrogant Guys in the Room
In the Enron trial, the rats are turning against each other. Fastow is on the stand today. Personally, I think he was the real ringleader. Tomorrow is the “cross,” which could be high drama.
It looks like the Enron board wasn’t as lax as I thought. My opinion is that Lay will get off light, but Skilling will go to jail.
Posted by Eddy Elfenbein on March 7th, 2006 at 2:03 pm
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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TSLA and MSFT both -4% AH
ATHs today for JPM, MS and BK
today's newsletter https://cws.substack.com/p/cws-market-review-january-28-2025
Nice earnings from Stryker. $4.01 vs 3.87 est.
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Eddy Elfenbein is a Washington, DC-based speaker, portfolio manager and editor of the blog Crossing Wall Street. His 