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Enron
Acquired
Enron's Flowing Around Doing Deals
When skilling gets elevated to number two and fast out to CFO the company, they start articulating as the company strategy that the finance department is going to go from being this shared resource cost center to a profit generating division. And structured finance kind of becomes its own division. The fact that this didn't raise massive alarm bells throughout the entire investor community is just crazy. Everybody who ever bought Enron Stock saw it going up, so they wanted to continue to see it going up. It is just like the whole world was making so much money, at least on paper, from this happening that why would you ever want it to stop happening?
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