The evidence indicates, ... that Enron would not have been able to engage in the extent of the accounting deceptions it did, involving billions of dollars, were it not for the active participation of major financial institutionswilling to go along with and even expand upon Enron's activities.
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This quote is just one of 9 total Robert Roach quotes in our collection. Robert Roach is known for saying 'The evidence indicates, ... that Enron would not have been able to engage in the extent of the accounting deceptions it did, involving billions of dollars, were it not for the active participation of major financial institutions willing to go along with and even expand upon Enron's activities.' as well as some of the following quotes.
The evidence indicates, ... that Enron would not have been able to engage in the extent of the accounting deceptions it did, involving billions of dollars, were it not for the active participation of major financial institutions willing to go along with and even expand upon Enron's activities.
If this is the best option for our members, then we will help facilitate the merger. Certainly we would have liked to play a larger role in the [discussion] process, but we understand the legal considerations to that.
The key to holding this joint hearing is that it benefits the public, because it consolidates all of these issues into a more concise area. We may see this meeting extend over two nights, but if both boards were to hold separate meetings, they may extend for a much longer period of time.
Enron's practice of using prepaid transactions to understate debt and overstate cash flow from operations made its financial statement look much stronger; that in turn helped Enron maintain its investment rate credit rating and support -- even boost -- its share price.
The concept is good. I don't know if the current administration would know how to enforce it. But it's not a waste of taxpayers' money if it gets us to recognize the problem and find a solution.
This quote is just one of 9 total Robert Roach quotes in our collection. Robert Roach is known for saying 'The evidence indicates, ... that Enron would not have been able to engage in the extent of the accounting deceptions it did, involving billions of dollars, were it not for the active participation of major financial institutions willing to go along with and even expand upon Enron's activities.' as well as some of the following quotes.