Where Did All the Money Go?. .
by ; ProQuest Information and Learning Company.
Series: SIRS Enduring Issues 2004Article 38Business. Publisher: New Internationalist, 2003ISSN: 1522-3191;.Subject(s): 401(k) plans | Accountants | Auditing | Business ethics | Chief executive officers -- Salaries | Corporations -- Accounting | Corporations -- Corrupt practices | Derivative securities | Insider trading in securities | Investment advisors | Stockbrokers | Stocks -- PricesDDC classification: 050 Summary: "Seemed like that 1990s' bull market was just never going to stop. But it did. And it wasn't pretty for lots of folks. They lost their jobs or were suckered into putting their retirement nest egg into a 'sure thing'. Some of that wealth just seemed to vanish into thin air after those pumping the 40,000-point-Dow were revealed as mindless hucksters. But $4.7 trillion is a lot of green and some of it must have stuck to eager fingers on the way down." (NEW INTERNATIONALIST) This article examines insider trading and other practices which fostered various corporate bankruptcies and scandals, including Enron, Tyco, WorldCom and Arthur Andersen.| Item type | Current location | Call number | Status | Date due |
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High School - old - to delete | REF SIRS 2004 Business Article 38 (Browse shelf) | Available |
Articles Contained in SIRS Enduring Issues 2004.
Originally Published: Where Did All the Money Go?, July 2003; pp. 24-28.
"Seemed like that 1990s' bull market was just never going to stop. But it did. And it wasn't pretty for lots of folks. They lost their jobs or were suckered into putting their retirement nest egg into a 'sure thing'. Some of that wealth just seemed to vanish into thin air after those pumping the 40,000-point-Dow were revealed as mindless hucksters. But $4.7 trillion is a lot of green and some of it must have stuck to eager fingers on the way down." (NEW INTERNATIONALIST) This article examines insider trading and other practices which fostered various corporate bankruptcies and scandals, including Enron, Tyco, WorldCom and Arthur Andersen.
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