Intermediate Fin Accounting

A an interaction between Jeffrey Skilling, the then CEO of Enron, and a hedge fund manager on a quarterly earnings call on April 17, 2001 has depicted in the documentary “The Smartest Guys in the Room” in the following link:

Ask why, A….

You may either comment on the full disclosure issue raised in the clip referencing one qualitative characteristic of financial information that you believe is most lacking lacking in the information provided by Enron; or respond to a response by one of your peers if you think they have mis-identified the characteristic.

 
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