Enron: The Untold Story
http://www.socionomics.net/
When news of the Enron scandal first broke, many thought the collapse of the 7th biggest company in the U.S. would bring down the markets. In fact, when Enron went under, exactly the opposite happened. Rather than examine this fact about Enron's "affect" on the S&P 500, most in the financial media ignored it, tossing by the wayside their previous analysis, which plainly forecast a devastating market "reaction" to the Enron scandal. This clip from the documentary, History's Hidden Engine, explains why the Enron "affect" means "no affect at all." After this video, check out additional resources on the new science of socionomics at http://www.socionomics.net.
When news of the Enron scandal first broke, many thought the collapse of the 7th biggest company in the U.S. would bring down the markets. In fact, when Enron went under, exactly the opposite happened. Rather than examine this fact about Enron's "affect" on the S&P 500, most in the financial media ignored it, tossing by the wayside their previous analysis, which plainly forecast a devastating market "reaction" to the Enron scandal. This clip from the documentary, History's Hidden Engine, explains why the Enron "affect" means "no affect at all." After this video, check out additional resources on the new science of socionomics at http://www.socionomics.net.
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