Commentary, 3/4, 2002 (Issue SOGM)

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home > print edition > 2002 > 3/4-2002

Commentary, 3/4, 2002

Shredding the Responsibility
The puzzle of piecing together the responsibility of the various players leading up to the Enron collapse is still going on. The Enron trial is expected to start in Houston in early May. Enron shareholders have recently filed an expanded lawsuit against some US top financial institutions claiming they knowingly participated in a scheme to defraud them. The claim is related to deals aimed at hiding the dire straits of Enron’s finances.

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