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The timing of the scandals is apt, say some critics from South and South-east Asia, who ended a three-day conference here Monday. The crisis in corporate America comes at a moment when the Anti-Globalization movement in the region is reasserting itself after losing some steam following the September 11th attacks on the United States, they add.
The Senate is investigating the role of private investment banks in the Enron scandal. Could public institutions, like the World Bank and the Export-Import Bank be next?
Enron's Cuiaba gas pipeline project, built with US government support, is an ecological and social disaster. Jimmy Langman reports from Bolivia.
An international coalition of public-health professionals and activists has asked the United Nations Children's Fund (UNICEF) to stop "lending its good name and endorsement to McDonald's" and cancel its participation with the fast-food giant in 'World Children's Day' on November 20.
Energy traders for Enron used elaborate schemes with nicknames like ''Death Star'' and''Get Shorty'' to manipulate California's electricity market and boost profits, according to internal company memos released by federal regulators Monday.
U.S. taxpayers' money, $7 billion worth, laid the foundation for Enron's global operations. Wysham and Vallette expose the company's dirty deals that brought turmoil to communities the world over.
In the Third World Enron faces very little opprobrium, even embarrassment. In India, where it has the largest direct investment in an overseas industrial project, the corporation continues to make bullying and threatening moves.
Kenneth Lay is living proof that one person can change the world. His company, Enron, may be in shambles. In three months, it may no longer exist. But for the rest of our lives we will live in a world redesigned by Kenneth Lay.