Follow the Options
Nearly 100 years ago Teddy Roosevelt said “A man who has never gone to school may steal from a freight car; but if he has a university education he may steal the whole railroad.”
In the Enron scandal there were a bunch of well educated guys who were able to play games with the books and the rules of accounting. And it is worth watching this film clip to get a sense of that scandal The smartest guys in the room film clip
The current SEC Options investigation is stirring up Silicon Valley, but these types of things unfold at their own pace in the media, based on other news events. Putting the pieces and connections together from the media reports makes it very hard to follow or make sense of for me. How big will the expanding SEC Options investigation get? Jon Toigo has some thoughts.