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ID: LFUkfW1d/biz/60568313#60568329
7/1/2025, 4:21:33 PM
interesting they keep coming up with new acronyms
where have we seen this before?
>Enron's business practices, particularly their reliance on complex financial structures like Special Purpose Entities (SPEs), were described as opaque and unclear, making it difficult for investors and even some employees to fully understand the company's financial health. This lack of transparency was a significant contributing factor to the company's downfall.
>While not explicitly stated as constantly creating new acronyms for services, the use of acronyms like SPEs (Special Purpose Entities) and MTM (Mark-to-Market accounting) was a way to potentially obfuscate or obscure their complex financial dealings. The complexity and lack of transparency associated with Enron's financial structures, often referred to by acronyms, contributed to its collapse
where have we seen this before?
>Enron's business practices, particularly their reliance on complex financial structures like Special Purpose Entities (SPEs), were described as opaque and unclear, making it difficult for investors and even some employees to fully understand the company's financial health. This lack of transparency was a significant contributing factor to the company's downfall.
>While not explicitly stated as constantly creating new acronyms for services, the use of acronyms like SPEs (Special Purpose Entities) and MTM (Mark-to-Market accounting) was a way to potentially obfuscate or obscure their complex financial dealings. The complexity and lack of transparency associated with Enron's financial structures, often referred to by acronyms, contributed to its collapse
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