Four years after the collapse of Enron spurred the most sweeping revisions in business regulation since the Great Depression, experts warn that the ingredients for a similar financial disaster remain.Could another Enron happen again? Yes it's called Fannie Mae.To big too be delisted on the NYSE.
Despite new laws and regulations, companies still face enormous pressure to meet short-term financial goals, creating a powerful motive for accounting fraud.
Sunday, February 12, 2006
Could Another Enron Happen?
The Seattle Times reports: