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Dave Barry explains the Enron collapse

Explaining the Enron collapse through simple financial terms
By DAVE BARRY
Knight Ridder Tribune

If you're an average layperson, your grasp of high finance consists of knowing your ATM code. So you're probably bewildered by this scandal surrounding the collapse of Enron, which had been the seventh-largest corporation in America.

Today we're going to explain the Enron story, using simple financial terms that you can understand, such as "dirtballs."

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