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Table Of Contents

INTRODUCTION
UNIVERSAL BANKS AND ENRON
The Rise and Fall of Enron
Universal Banks as “Enablers” of Enron’s Fraud
The Banks’ Awareness of Enron’s Fraud
The Banks’ Failure to Protect Enron’s Investors
The Banks’ Losses from the Enron Debacle
UNIVERSAL BANKS AND WORLDCOM
The Rise and Fall of WorldCom
The Banks’ Involvement in the WorldCom Debacle
The Bank Underwriters’ Failure to Protect WorldCom’s Investors
Citigroup’s Disregard for Investors’ Interests
The Banks’ Losses from the WorldCom Disaster
CONCLUSION
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Published by Ephrem Belay

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Published by: Ephrem Belay on May 21, 2012
Copyright:Attribution Non-commercial

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05/21/2012

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