1. Trading Places.
- Author
-
Eavis, Peter
- Subjects
- *
BUSINESS failures , *AMERICAN business enterprises , *FINANCIAL services industry , *ELECTRIC utilities - Abstract
Focuses on the status of two corporations, Texas-based lender AmeriCredit Corp. and Calpine Corp., an electric utilities company, following the collapse of Enron Corp. Growth of AmeriCredit business and reputation due to slippery accounting of the company; Debt of $14 billion on Calpine; Comparison of two companies with Enron; Evidence of two companies may end up collapsing like Enron due selling of company stock by their executives.
- Published
- 2002