As Christmas approached in 2001, the contenders for the title Most Hated Man in Houston came from a pretty short list. Not surprisingly, all worked for Enron, the onetime Wall Street darling suddenly staring into the abyss of bankruptcy. More »
At their height, shares of Enron sold for as much as $90. By the time the company declared bankruptcy 10 years ago, the stock plummeted to $1 – taking with it the nest eggs of employees who had invested heavily in the company’s shares. More »
Less than a year after Enron descended into bankruptcy, the process of liquidating its assets got to the point that all such business eventually does – hawking the stationery. Luckily for the creditors, this time it actually had value. More »
The feud between Alaska Congressman Don Young and prominent historian Douglas Brinkley that started at a House committee hearing last Friday has continued, with Brinkley calling Young a bully and a “low-grade Joseph McCarthy.” More »
Large and small companies have told Republican-led congressional committees what the party wants to hear: dire predictions of plant closings and layoffs if the Obama administration succeeds with plans to further curb air and water pollution. More »
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