The existing era will probably go down as "post-Enron" nevertheless Enron is just the latest example of financial reporting abuse.

The existing era will probably go down as "post-Enron" nevertheless Enron is just the latest example of financial reporting abuse.

What is ratcheting up investor anxiety and skepticism is not with equal reason much fear of rampant Enron or egregious frauds or unruffled the parade of earnings restatements. The real worry is financial reporting that doubtfuls as much as it illuminates. The symptom is Enron and its ilk. The bottom cause is the pressure to create value. Evidence of this urgency can be found in financials that fog--rather than illuminate--value (and associated risk).

Sam Eddins, managing