The Collapse of Enron; and Capitalism Rules but Needs New Rules

The Collapse of Enron; and Capitalism Rules but Needs New Rules Conflict of Interest in the Securities Industry Readings: Rainmaker in a Firestorm, A Heap of Trouble for Wall Street How Analysts' Pay Got So Fat How Corrupt is Wall Street? Commentary: A Sorry Legacy the Street Can't Shake Spitzer: My Job is to Protect Investors So please read these cases and answer the questions: THE COLLAPSE OF ENRON 1. Who was helped, and who was hurt, by Enron’s actions? 2. Briefly describe three possible external causes of the collapse of Enron. 3. Briefly desrcibe three possible internal causes of the collapse of Enron. 4. What do you think could be done to prevent something like this from happening again?