Echo’s of Enron! Emails and phone messages between foul-mouthed Barclays traders in New York reveal how they bragged about rigging energy prices in America to make huge profits. Critics yesterday said the expletive-ridden correspondence provides further evidence of the ‘rotten culture of casino banking’ that built up under disgraced former boss Bob Diamond. The bank […]
Tag Archives: Enron
In the next couple of weeks with the help of this map I will uncover more in depth how all these men relate to each other but right from the start you can see that John Key has some pretty close connections to the bankers who are ruling the US with Obama as their sock […]
The sub-prime mortgage crisis shows the lessons of Enron’s collapse have not been heeded, says Bethany McLean, the Fortune magazine reporter famous for breaking the story that the energy giant was an emperor with no clothes. A lack of transparency, the use of off-balance sheet vehicles and the dodging of responsibility underlie the carnage on […]
