Enron-Style

From dKosopedia

Jump to: navigation, search

Template:Stub-meme

Contents

Origins

Check Talk Page

Alternate Identifiers

  • Enronomics
  • The Kennyboy Network

Status

Common. E.g., Google News on "enron.style".

Call

Tell me if you think this phrase is useful, and whether it could be improved upon.

Analysis

Enron the company is dead. But it lives on, as a symbol: the two syllables "Enron" bring to mind everything that's wrong with corporate America, and more importantly the phrase "Enron-style" evokes the frame of a well known but neverthless shadowy arrangment between business and government.

Elements

  • CEO Ken Lay in inner circle of political advisers
  • Enron Robs it's Employees Retirements
  • Enron used pyramid schemes
  • Enron manipulated power markets, toyed with the world


Things that can be Enron-Style

  • Accounting
  • Political Connections
  • Pensions
  • Good Old Boy Networks
  • Market Manipulations


Keywords

  • Ken Lay
  • California Power Outage

Applicaton: Unwise Deregulation

During its life, Enron pushed hard to deregulate the California energy markets. This deregulation is a big part of what made it possible for Enron to steal so much money. From now on, whenever any industry pushes for deregulation, if the deregulation is unwise, we can call it "Enron-Style Deregulation." Having called it that, we no longer even have to argue that it's a bad idea. The phrase conveys our entire argument in three words.

Comments

Sightings


Google news for "enron.style" taken: Pyrrho 05:18, 26 Sep 2004 (PDT)

<a

href="http://www.accountancyage.com/News/1138233" id=r-0> Calls for anti-fraud regulation</a>
Accountancy Age, United Kingdom - <nobr>Sep 23, 2004</nobr>
The government will only step in to push for a recognised fraud examiners' standard if the UK suffers an 'Enron-style' business disaster, according to one of ...


<a

href="http://www.jpost.com/servlet/Satellite?pagename=JPost/JPArticle/ShowFull&cid=1095828007306" id=r-1>Analysis: Strike reflects lack of trust in Israel</a>
Jerusalem Post, Israel - <nobr>Sep 22, 2004</nobr>
... York-based subsidiary of Bank Hapoalim, launched an uncharacteristically caustic attack on the government calling the legislation an "Enron-style, off-balance ...


<a

href="http://www.nzherald.co.nz/business/businessstorydisplay.cfm?storyID=3592394&thesection=business&thesubsection=transport&thesecondsubsection=aviation" id=r-2>Flying high from a hospital pass</a>
New Zealand Herald, New Zealand - <nobr>Sep 18, 2004</nobr>
... While directors needed to be people with skill and experience, if they didn't have a high level of integrity and ethics then Enron-style scandals could be ...


<a href="http://business.scotsman.com/index.cfm?id=1103732004" id=r-3>Icas drops opposition to national watchdog</a>
The Scotsman, UK - <nobr>Sep 20, 2004</nobr>
... It also feared that the AIDB would not have sufficient bite to investigate Enron-style corporate scandals without "coercive powers" to force non-accountants to ...
<a

href="http://www.crainsny.com/news.cms?id=8851" id=r-4>AIG may face SEC civil action</a>
Crain's New York Business, NY - <nobr>Sep 21, 2004</nobr>
is facing possible civil charges by the Securities and Exchange Commission related to Enron-style financing vehicles that it allegedly set up

for PNC Financial ...
<a

href="http://www.theherald.co.uk/24299.shtml" id=r-5>Scotland’s accountants agree to recognise UK-wide regulator</a>
The Herald, United Kingdom - <nobr>Sep 19, 2004</nobr>
... The Scots fear the board will not have enough regulatory muscle to investigate Enron-style corporate conspiracies without "coercive powers" forcing non

...
<a

href="http://www.scoop.co.nz/mason/stories/WO0409/S00238.htm" id=r-6>John Kerry Takes on Cheney and Halliburton</a>
Scoop.co.nz (press release), New Zealand - <nobr>Sep 19, 2004</nobr>
... Unlike the Enron-style accounting that currently exists at the Pentagon, John Kerry will ensure that there is full transparency in the accounting process ...


<a

href="http://www.desertdispatch.com/cgi-bin/newspro2004/viewnews.cgi?newsid1095685824,8288," id=r-7>COMMENTARY: Budgeting tricks undermine public's trust</a>
Desert Dispatch, CA - <nobr>Sep 20, 2004</nobr>
... Enron-style accounting that minimizes liabilities and overstates assets is, unfortunately, the modus operandi when fashioning government budgets. ...


<a

href="http://www.moderateindependent.com/v1i15enron.htm" id=r-8>THE ENRON-ONE-TWO RUN BY SCHWARZENEGGER IN JUST HIS FIRST FEW ...</a>
The Moderate Independent, CA - <nobr>Sep 14, 2004</nobr>
... In the Enron style of management, when you know you are crooked and about to do heinous things, and the idea is to stay crooked while keeping

everyone else's ...
<a

href="http://www.iht.com/articles/538374.htm" id=r-9>Former owner of Spiegel finds US agencies and rules unforgiving</a>
International Herald Tribune, France - <nobr>Sep 10, 2004</nobr>
... scandal, nothing is too surprising.". In truth, Otto's transgressions fall well short

of Enron-style malfeasance. He took no money ...

Personal tools