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Stack ranking didn't help but Enron's problems were far deeper and had more to do with a fundamental lack of oversight. Stack ranking, if anything, was a sympto
by saryant 12y ago
Stack ranking didn't help but Enron's problems were far deeper and had more to do with a fundamental lack of oversight. Stack ranking, if anything, was a symptom of the same disease that led Skilling to insist on mark-to-market accounting and Fastow to create special investment vehicles that profited himself rather than his employer.