Enron, Dot-Coms and the Demise of the New Economy

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What ever happened to the new economy? First the dot-coms, now Enron have faded away, along with billions of dollars and the confidence of investors. Both investors and financial advisors are licking their wounds after being taken in by a business culture that "financialized" rather that produced, valued recklessness over common sense, and capitalized on the gullibility of Wall Street and the media. We analyze what these colossal failures have in common, with the experts who follow the players, crunch the numbers, and advise the investors, including a energy specialist who advised against buying stock in Enron and in dot-coms.
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The Washington Post


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Warren Olney