Tag Archives: eichenwald

Rob Bradley: Climategate from an Enron Perspective

Feb 24, 2010 – 11:35 AM

As noted the other day, Gerry North was one of the presenters at Ralph Cicerone’s AAAS panel. North had previously been chairman of the NAS panel on Surface Temperature Reconstructions, where he described their due diligence process as “not doing any research” and that they just “winged it” – the sort of due diligence failure […]

By Stephen McIntyre | Posted in climategate | Also tagged , | Comments (123)

Lehman Bros. and Consensus

Sep 17, 2008 – 8:51 AM

My interest in climate change derived in part from experience in the stock market where “consensus” is not infrequently established in favor of opinions that are completely incorrect. And, in many cases, the people promoting the views are competent and serious people. How are such things possible? I read about the Bre-X and Enron failures, […]

By Stephen McIntyre | Posted in General | Also tagged , | Comments (166)

Enron Verdict

May 26, 2006 – 7:30 AM

A big story today is the guilty verdict on Enron executives Kenneth Lay and Jeffrey Skilling. There are many interesting issues involved in this, but the one that I wish to draw to attention of readers here is that Lay and Skilling were not found guilty of stealing money or looting the treasury, but of […]

By Stephen McIntyre | Posted in General | Also tagged | Comments (90)

Enron Trial in the News

Mar 9, 2006 – 10:52 AM

Are any of you keeping track of the news on the trials of Enron executives Ken Lay and Jeffrey Skilling? Andrew Fastow, their CFO, was on the stand yesterday. There’s a terrific book about Enron by Kurt Eichenwald, in which the House Energy and Commerce Committee is mentioned (they had a piece of some Enron […]

By Stephen McIntyre | Posted in Disclosure and Diligence | Also tagged , , | Comments (17)

Consensus – Two Examples

Jun 28, 2005 – 2:06 PM

For people with stock market experience, "consensus" is not something that usually is a strong buy signal. Here are some interesting examples – two from Enron showing how fragile a "consensus" can be, one from a geologist surveyed in one of the surveys supposedly showing a consensus among scientists.

By Stephen McIntyre | Posted in General | Also tagged | Comments (26)