feeling their pain. this is the biggest point drop that has ever been seen. we are in the midst of a serious financial crisis and the federal government is responding with decisive action. these guys have been gambling with the house money for years and it s our job to bail them out? the largest swindle in wall street history, and alleged 50 if you million dollar ponzi scheme by bernard madoff. you belong in jail, you criminal! the pardon is over. if there was any company that could make energy cool, it was enron. the texas energy broker treated electricity like any other commodity. it buys and sells billions of dollars worth of energy, every day. it s the largest company of its kind in the world. enron is a company that deals with everyone with absolute integrity. we play by all the rules and stand by our work. we mean what we say . ken lay was the original ceo, he ran enron when the company was created out of the merger of two pipeline companies. he seem
Loans. it became possible to walk in with no income and maybe not even using your real name. people were saying, you re going to give me a mortgage when i don t have money in the bank, when i can lie on my form, and sign it and you ll give me the money anyway, essentially giving me a free option to buy a home, i ll do that all day long. one company considered an innovator in these loans and aggressively pursue the market was countrywide financial, they made a fortune and so did its ceo. this may well become the deeply tanned face of the mortgage mess, the face belongs to angela mozilla, that once celebrated ceo of countrywide for facing organizations of predatory lending and rapacious greed. i do take full responsibility for anything that happens at countrywide. mortgage lenders, concocted