Picking Up The Pieces At Dabhol As Enron Implodes
Enron effectively imploded on Wednesday, November 28, with Dynegy refusing to go ahead with its proposed merger deal. Enron’s shares are now trading for only a few cents and Enron is now heading towards an inevitable bankruptcy, if not liquidation. This has brought to an ignominious end a high profile, new-economy company, which many believed … [Read more…]