Empty Cookie Jar
Donald MacKenzie: Ethnoaccountancy, 22 May 2003
Pipe Dreams: Greed, Ego and the Death of Enron
by Robert Bryce.
PublicAffairs, 394 pp., £9.99, November 2002,1 903985 54 4 Show More
by Robert Bryce.
PublicAffairs, 394 pp., £9.99, November 2002,
“... prices high and managers’ share options valuable. By 2002, only eight US corporations still held Moody’s highest, Aaa rating. Ratings help determine the costs faced by a corporation or government. The lower your rating, the higher the rate of interest you have to pay on your bonds and the more it costs you to service your debt, and this last can be a ... ”