Thursday, August 21, 2003

Caveat emptor

The Enron building is for sale. Smoke, mirrors and snake oil are not included. Seriously, one has to wonder whether the Enron Corporation will find some way to inflate the value of the building (apparently somewhere around $92 Million), or record the profit from the sale two, maybe three times, then shred the paper in some nostalgic pique. "Kenny Boy" Lay and Jeff Skilling can smoke cigars as they reap the profit from a building, if anything like the company that it housed, will begin to crumble once the deal is closed.

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