If you're not yet suffering from post-Enron guilt by incorporation, you will be.
As the Enron debacle unfolds, the corporation's shareholders won't be the only ones in pain. With leery investors, burdensome 401(k) proposals and tight corporate credit, formidable challenges lie ahead.
Lenders are now bolting at the hint of any financial irregularity, particularly in the energy sector. But the intensified scrutiny could be a boon for efficient, honest operations, particularly if you have an activist, independent board able to meet the higher expectations for fiduciary vigilance.
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