Comment preview: Gray Davis wasn't recalled for trying to balance the budget. He let Enron (and other energy traders) shove their giant energy dick into every state resident. Since Cali was getting most of its power from out of state, those providers started restricting ....

Comment preview: If you realy want to know, go watch the documentary "The smartest guys in the room" The basic idea is that the culture at Enron was BAD. It took everything that is wrong with corporate culture, condensed and magnified it x1000. The leadership there was o ....

Comment preview: For those that forget... Blizzard's story is a pretty sad tale. They were bought by CUC/Cendant Software back in the day (since I think Blizzard was originally sold to the Math Blasters folks), along with Sierra, in an attempt for Cendant to throw off ide ....

Comment preview: Enron was an energy company, that was public. When a company is public, it means that the general population can own part of the company via stock (a "slice" of the company, if you will). So if the company does well, the value of the company rises, and y ....

Comment preview: The thing is, a lot of questions here can't really be broken down into a level of a five year old. I think the mods got the idea for the name from The Office clip, but 'Explain like I'm 10' seems more like it. A lot of the answers, you can't simplify it us ....

Comment preview: Here's a tl;dr for the history of Sarbanes Oxley as it was explained to me: In response to the Enron scandal (and other large ones), Sarbanes Oxley sought to curb the accounting fuckery that destroyed billions in investments, and tries to restore confidenc ....

Comment preview: > Statutorily enforced geographic monopolies ... unless you're Google If Google can step in then it is likely not a statutory monopoly. It is more likely the secret gentleman's monopoly agreements that are difficult to prove but more common than anyone ....

Comment preview: Darrel Issa, republican from California. He's the one that got rid of Gray Davis over the Enron scandal. He's the origin of the idea that operation Fast and Furious is a secret government conspiracy bent on giving liberals talking points so that they can ....

Comment preview: I can't believe that some people argue in favor of insider trading even today. It's not that hard to grasp why it's bad for the economy overall. [Remember the Black Sox Scandal?](http://en.wikipedia.org/wiki/Black_Sox_Scandal) Well, here's a surefire way t ....

Comment preview: It depends. How would you react if a black, Asian or hispanic person claimed that they hated 'white culture' and justified his statement by listing the very worst examples of corporate greed (Wall Street greed, the Enron scandal, ponzi schemes, healthcare ....

Comment preview: Industrial Designer here (mass-produced items): **TL;DR: Trends change on a predictable scale. Because everyone adopts them when they become popular, the next design trend is usually a big departure from the old.** There is a lot of science and psychology ....

Comment preview: >Take Sarbanes Oxley. This is a regulation which includes operations over use and management over technology used in the business. This is incorrect. You misunderstand SOX. It's purpose was not to regulate technology, it was to regulate finances interna ....

Comment preview: It's not so much that CEOs make so much more than regular workers, it's that salaries for CEOs have increased at a much faster rate than regular workers over the past 30 years. Since probably the 1970's, we've seen a shift in the worker/employer relations ....

Comment preview: >Congressmen are immune to insider trading. Actually, one law I'd change is that I'd eliminate all insider-trading laws. These are poorly and rarely enforced, and the average guy-on-the-street (or Internet) investing, right now at least, has this illusi ....

Comment preview: This is rather problematic. Some of the worst bits: > Social Security desperately needs replacing with something else. Why? We've saved up like $2.7 trillion to get SS through the retirement of the Baby Boomers, if that store of cash (actually governmen ....

Comment preview: What I got from it was Halliburton has to issue reports on how much money they earned and made. So if it costs 50 dollars to make a radio, and I sell it for 70 dollars, I made 70 and earned 20. The more money I earn, the more my stock goes up, the more my ....

Comment preview: Blaming Calicopoli is so Juventini. Decline of Italian football is a systemic issue that dated back to late 1990s, long before Calciopoli sentence. You see, unlike English or German clubs, most of Italian club were not run with modern financial planning in ....

Comment preview: [Some horrifying charts.]( http://www.businessinsider.com/what-wall-street-protesters-are-so-angry-about-2011-10#lets-start-with-the-obvious-one-unemployment-three-years-after-the-financial-crisis-the-unemployment-rate-is-still-at-the-highest-level-since- ....

Comment preview: It seems to me that you are railing at a specific kind of conspiracy theorist, one that can be identified by the underlying themes of the conspiracies he propounds. Specifically, those who base their worldview on the idea that a single entity, be it indivi ....

Comment preview: I would consider myself a "liberal" and I will say this, Clinton really fucked shit up in his last year signing two bills passed by a republican legislature. Gramm Leach Bliley Act, named after 3 republican congressmen, repealed glass stegel and made it su ....

Comment preview: 50 Charles Barkley quotes God bless you Charles: 50. "I can be bought. If they paid me enough, I'd work for the Klan." 49. "You got to believe in yourself. Hell, I believe I'm the best-looking guy in the world and I might be right." 48. "I don't hate anyon ....

Comment preview: No one seems to have mentioned it here yet, but INVESTING!! The stock market's only for rich playboys and genius math geeks, right? Wrong! It's super easy to use, and you ought to be in it. Even if you're young, you should be investing in it. Even if y ....