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 6 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
McLean: Fortune's Enron takedown originated from short seller Jim Chanos' tip
“But this piece, nonetheless, which started when a guy named Jim Chanos, who many people know, he's one of the longest-running short sellers out there, came to me and said, how does Enron make money? Tell me if you can figure it out.”
Scilipoti: Arthur Andersen was cleared on appeal after already collapsing
“And so it was found in the courts upon appeal that Arthur Anderson was not guilty, but that was way after the fact because Arthur Anderson was already was brought to its knees and it was over.”
McLean: Former Enron CEO Jeff Skilling preferred hiring 'people with spikes'
“Jeff Skilling used to say that he liked people with spikes, and what he meant by that was that he didn't like well-rounded, genial, average people. He liked people with a really exceptional characteristic that defined them, and that may come at the expense of …”
McLean: Unlike Enron, Valeant attracted smart money like Sequoia and Bill Ackman
“With Enron, when you got to what was commonly considered the smart money, people either weren't invested in Enron, or they were short. And it was largely long-only funds and index funds, and what we think of in terrible terms, but the dumb money that was inves…”
McLean: Enron's top 200 employees extracted $1 billion in options before bankruptcy
“There was this great number, and I'm gonna get it wrong, but it was from the Joint Committee on Taxation, which investigated Enron after the collapse, and they calculated that the top 200 employees of Enron got a billion dollars from exercising stock options i…”