We had the same point under Enron, if I remember correctly. When we ultimately got into the bottom of it, it was not even the derivatives which were at issue, although they were blamed.
Mike Crapo: “We had the same point under Enron, if I remember correctly. When we ultimately got into the bottom of it, it was not…”
On the recordOctober 18, 2005
Editor's note · Context
Drawing parallels between REFCO and Enron regarding derivatives and fraud.
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