The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 59 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Rosenthal: Skilling Was the Only Enron Executive Who Did Not Plead the Fifth
“He's the only one who doesn't end up pleading the fifth. Like, he defends himself to the end.”
Ben Gilbert: Kinder Morgan is worth $40B and Richard Kinder $8B
“It was an energy pipeline, and today, Kinder Morgan is a forty billion dollar company, and Kinder Is a billionaire. He's worth like eight billion dollars.”
Gilbert: John Ray recovered $13B (36¢/$1) for Enron's creditors
“He was able to get thirteen billion out to creditors, which is about 36 cents on the dollar. Much better than the 17 cents that Stephen Cooper, that his plan called for.”
Ben Gilbert: GE's wind energy business was acquired from Enron
“GE bought the wind business from Enron, and I believe even today is sort of the cornerstone of their wind energy business.”
Rosenthal: Skilling negotiated Enron offer while wife was in labor
“He calls them up to do the final negotiations of the terms of his offer. He calls them up from the hospital where he is with his wife while his wife is in labor with their, I think, second child.”
Rosenthal: Dynegy agreed to acquire Enron for $8B and lent $1.5B
“Dyna G's gonna Acquire Enron for eight billion dollars, an all stock deal, no cash, but Enron of course needs more cash to survive until the deal can close and Dynergy can complete its due diligence. So Dynergy lends one and a half billion dollars to Enron in …”
Enron won Fortune's Most Innovative Company award six consecutive years
“It was even named Fortune Magazine's most innovative company six years in a row.”
Enron stock dropped from over $90 to the $40s by spring 2001
“The Enron stock starts falling from the all-time high in the fall of the previous year, just above 90 dollars a share, falls down into the forties. So, like, pretty bad. It's lost, like, over half its value.”
Enron peaked as the seventh-largest US company by market capitalization
“It was the seventh biggest company in America by market cap.”