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Enron was more about maximizing the share price, not profit. Exagerrating profit was a part of this, but not as much as bamboozling people about the company's
by jraines 18y ago
Enron was more about maximizing the share price, not profit. Exagerrating profit was a part of this, but not as much as bamboozling people about the company's future prospects (e.g. Enron Broadband).
This is still a problem in our economy. There's too much pressure to "beat the Street". I worry what effect this will have on Google over the next 5-20 years.