Tag Archives: Enron

Enron gamed California’s deregulated electricity market, got a free pass from Arthur Andersen, used greed to manipulate banks and brokerages, and received congrats from both presidents Bush. — [VIDEO]

Posted on September 9, 2011 by Chris F. Masse

Enron, The Smartest Guys In The Room:

Posted in Business, Ethics, Films - Movies, Finance, Financial Markets, History | Tagged Business, energy, Enron, Enron The Smartest Guys In The Room, Finance, fraud | Leave a comment

The Case for Decrimininalization of Prediction Markets

Posted on June 26, 2008 by Jay Graziani

[This article is cross-posted from Major Wager.] – A recent article in the prestigious academic journal Science (May 16, 2008, Vol 320, p. 877-8) once again makes the case for regulated prediction markets, more commonly known as “betting exchanges” to … Continue reading →

Posted in All Best Posts Ever, All Guest Authors's Posts, Analysis (Industry), Exchanges & Markets, Regulations | Tagged Bear Sterns, BetFair, CFTC, Commodity Futures Trading Commission, decision-making tool, Dublin, economist, Enron, event derivative markets, event derivatives, event markets, federal law, Internet casinos, Internet Gambling Enforcement Act, internet gambling laws, InTrade, Iowa, Iraq, Jay Graziani, Justin Wolfers, laws, Major, MATCHBOOK, Middle East, National Basketball Association, NBA, oil, oil crisis, online gamblers, online prediction markets, Pennsylvania, Pentagon, prediction exchanges, prediction markets, profit-making tools, real-money prediction exchanges, real-money prediction markets, Regulations, S&P 500, sports betting, Stanford, the Science, The University of Iowa, the University of Pennsylvania, TradeSports, United States, United States Congress, Unlawful Internet Gambling Enforcement Act of 2006, Wager, Wharton School, Yale | 1 Comment

Journalism Failures — Big Time

Posted on January 27, 2008 by Chris F. Masse

— – In February 2001, Fortune magazine named ENRON the “most innovative company”. – In October 2007, Robin Hanson, on the Overcoming Bias blog, re-published the falsehood that James Surowiecki (and 3 other book authors in their respective book) made … Continue reading →

Posted in Ethics, Finance, Prediction Journalism | Tagged Enron, errors, failures, Fortune, Francis Galton, James Surowiecki, Jerome Kerviel, journalim, Leighton Vaughan-Williams, Marc Andreessen, Michigan, mistakes, Open Media, prediction markets, risk, Risk magazine, Robin Hanson, Societe Generale, USD | 9 Comments

Just like Rush Limbaugh and Bill O’Reilly, Roger Ailes, the head of the Fox Financial Network, is a total, complete and definitive nut.

Posted on October 20, 2007 by Chris F. Masse

Joe Nocera of the liberal New York Times (+ page two): When I spoke to [Roger Ailes, the head of the Fox Financial Network], he was no less inflammatory. [Speaking of their competitor, CNBC...] â€œTheyâ€™ve decided recently that America is … Continue reading →

Posted in Business, Ethics, Prediction Journalism | Tagged America, Bill O'Reilly, CNBC, Enron, head, Joe Nocera, Mark Hoffman, New York Times, President, Roger Ailes, Rush Limbaugh, USD | 1 Comment

Are bankruptcy futures a good idea?

Posted on February 7, 2007 by Chris F. Masse

Interesting dialog between Felix Salmon and our JC Kommer: Alea, who broke the news that the CFTC’s proposed CDS futures were being [transformed] into bankruptcy futures, has a provocative post up saying that this is actually a good thing. [..] … Continue reading →

Posted in Analysis (Meta), Regulations | Tagged Enron, Felix Salmon, reading | Leave a comment

Enron trial prediction market – REDUX

Posted on October 24, 2006 by Chris F. Masse

For the life of you, don’t miss Steve Roman’s comment on my previous blog post on the Enron trial prediction market. Steve Roman documents his research and his trading. Incredibly, the more informed he was, the lousier his trades. Wolfers … Continue reading →

Posted in Exchanges & Markets | Tagged Enron, Eric Zitzewitz, Justin Wolfers, prediction markets, Steve Roman | Leave a comment

Enron trial prediction market

Posted on October 23, 2006 by Chris F. Masse

Questions To Trader Steve Roman: – You have researched and blogged about the Enron trial. Did your analysis help you in your trading of the Enron trial contract at TradeSports / InTrade (if any)? Did you profit from your inklings … Continue reading →

Posted in Exchanges & Markets | Tagged Enron, Steve Roman, Trader | 4 Comments