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What is your criteria for size of fish? Enron's market cap was $60 Billion.
by jstandard 7y ago
What is your criteria for size of fish? Enron's market cap was $60 Billion.
- exelius 7y agoEnron went down because the people they ripped off had the power to do so.
- HarryHirsch 7y agoThe whole of Congress gets statistically impossible returns on the stock market, but Martha Stewart got to do time over a five-figure sum obtained by information gained at a party. That's not equitable.
- exelius 7y agoI mean, what do you expect congress to do — pass laws restricting their ability to do this? Because it’s not illegal today, and it’s literally the reason a lot of them got into politics in the first place. Even guys like Bernie can’t help themselves.
- amanaplanacanal 7y agoMartha did time for lying to law enforcement. Never lie to law enforcement! Clam up and ask for a lawyer, every time. They may act friendly, but that's just psychological manipulation, they are not your friend.
- jjeaff 7y agoI agree. But you also have to factor in that when the insider trading went down, she was sitting on the board of directors of the NYSE. So she knew what she was doing and I'm sure that factored in to the decision to prosecute.