Submitted by Timelycommentor t3_yh13w7 in wallstreetbets
Found This.
It looks like the short interest on Enron in the late days started to creep up. Who are the shorts that benefitted from their demise?
Submitted by Timelycommentor t3_yh13w7 in wallstreetbets
Found This.
It looks like the short interest on Enron in the late days started to creep up. Who are the shorts that benefitted from their demise?
Damn.... you just pop up everywhere visualmod. Sage like advice and commentary, what would we do without you?
I’ll tell you who didn’t: the Taliban. Before Enron scandal broke the Taliban had people in Houston weekly getting the strip club/steakhouse treatment. They were working out a pipeline from the Uzbek reserves to the port of Karachi (via Afghanistan). Taliban were going to make enough money off it to be the next house of Saud. Deals fell apart when the Enron scandal broke.
Holy crap, never realized the scandal timeline lined up perfectly with 9/11. How random is that?
It’s not random. The construction company that was going to build it rhymes with Lin Baden
Wont know bc most of the files regarding the investigation were destroyed when WTC 7 got imploded on 911
Are you trying to imply shorts are the reason Enron went out of business?
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Jim chanos
whoever took over their lease for cheap
Well the state of California for one.
All what I remember it was on the front page of a local newspaper on the other side of planet knowing some local fat cars lost millions!!
The smart shorts benefitted the most
Probably the parents and children of the Arthur Anderson Audit team
I'm pretty sure Michael J. Burry was actually able to get out of bed that day to go to his job as Eeyore.
VisualMod t1_iubhbmb wrote
>The shorts that benefitted from Enron's demise are the hedge funds that were short the stock.