It focuses on the various incentives within the governance system, helps explain recent problems and scandals, and puts potential solutions into context.The most fascinating part is how Enron uses complex SPEs.
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somehow something comes to mind, here is somewhere to keep something for reference sometime later...
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how?
Enron's plunge occurred after it was revealed that much of its profits and revenue were the result of deals with special purpose entities (limited partnerships which it controlled). The result was that many of Enron's debts and the losses that it suffered were not reported in its financial statements.
[source: http://www.answers.com/Enron]
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