Topic: Enron Corporation

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  • Facebook IPO: Six key dates in its debacle

    Facebook's first week as a publicly traded company will go down as a terribly botched corporate launch, perhaps one of the worst in recent history for such a highly visible entity. Eight days ago, it was the tech world's most highly anticipated initial public offering in eight years. Now, the social media company faces mounting legal woes and serves as an embarrassing example of how not to run an IPO. Despite rising insider pessimism about its growth prospects, Facebook kept boosting its asking price and the number of shares it would sell. The result: billions of dollars in losses; investigations by two congressional committees, the Securities and Exchange Commission (SEC), an industry watchdog, and the state of Massachusetts; at least 13 class-action lawsuits; and thousands of resentful shareholders who days later still were unsure how many Facebook shares they had or at what price. Here are six key dates in Facebook's unfolding IPO disaster.

  • Seven retirement questions you need to answer

    Retirement planning isn't easy. Nearly half of Americans don't feel financially prepared to live to age 75, according to a survey from Northwestern Mutual. But the process is a lot less burdensome if you break the task down into simpler parts. Here are seven questions to ask as you plan for your long-term financial security in retirement.

  • Robert Reich Citigroup shareholders revolt. Will CEO pay drop?

    Citigroup's shareholders have said no to an exorbitant pay package for the bank's CEO, and why shouldn't they? Executive pay across American companies has ballooned to unacceptable levels, without the performance to back it up.

  • The Monitor's View Voters and their state's ethical fitness

    An extensive probe of 'corruption risk indicators' by a team of journalists shows that most of the 50 states don't reflect voter demands for integrity in official conduct.

  • JOBS Act: Why are Democrats suddenly raising red flags?

    No one wants to vote against jobs, but a wide swath of critics – ranging from the SEC, the AFL-CIO, and pension funds – worry that features in the proposed JOBS Act could hurt investors.

  • Rod Blagojevich, second Illinois governor headed for prison (+video)

    Rod Blagojevich got on a flight for Colorado Thursday morning. By this afternoon, Blagojevich will trade his Oxxford suit for prison khakis

  • Robert Reich The GOP is confused about public morality

    The real threat to American morality is what's happening in corporate board rooms, not people's private lives.

  • WikiLeaks publishes Stratfor e-mails. What's in them?

    An initial survey of the Stratfor e-mails published so far on the WikiLeaks website reveals not so much a corporate CIA as a geopolitical version of the comedy 'The Office.'

  • The Republican weapon of mass cynicism

    Robert Reich The Republican weapon of mass cynicism

    77 percent of Americans mistrust the government. But a lack of faith is bad for all of us.

  • What's Sarah Palin going to say in her big speech on Saturday?

    The Vote What's Sarah Palin going to say in her big speech on Saturday?

    Indications are that Sarah Palin will sound increasingly like a presidential candidate at the Iowa tea party rally, with barbs aimed at both GOP rivals and Obama. But a formal declaration is apparently not in the offing.

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