OT: Since you seem quite adamant on this, I am curious: what exactly DID Morgan do wrong with Enron? Or for that matter, Citigroup?
I am fairly familiar with this situation since I was short Enron in size, but you seem to know more, so I am looking to be enlightened.
Incidentally my view is that the JP Morgan deal is more a response to the Perelman decision than to Enron, but I am always interested in learning more. Thanks in advance.
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