The Enron Verdicts: New Markets for Scandal
As reported by Laura Smitheron of the Baltimore Sun, the Enron verdicts hardly put an end to opportunities for corporate misconduct: “Though the next scandal is impossible to foresee, market experts see a number of potential trouble spots, including the hedge-fund world that is lightly regulated but increasingly popular and accessible to everyday investors. Also, with expanding globalization, many investors are looking for the next hot investment overseas where accounting standards vary and U.S. regulators often can’t reach.”
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