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d by Max Brockman, Vintage Press, New York. hard to keep track of who cooperates and who doesn’t, especially if it’s institutions you’re monitoring. Enron, which in 2001 filed one of the largest bankruptcies in U.S. history, hid billions of dollars in debt in hundreds of shell firms, which bought poorly
Page: HOUSE_OVERSIGHT_023729 →ould create a fraudulent company profile and mislead its auditors. Lehman Brothers, in the years before its 2008 collapse, used a smaller firm called Hudson Castle (of which it owned 25 percent) to shift risky investments off its books so that Hudson Castle, not Lehman Brothers, could absorb “headline risk.” Whi
Page: HOUSE_OVERSIGHT_023729 →by Max Brockman, Vintage Press, New York. hard to keep track of who cooperates and who doesn't, especially if it's institutions you're monitoring. Enron, which in 2001 filed one of the largest bankruptcies in U.S. history, hid billions of dollars in debt in hundreds of shell firms, which bought poorl
uld create a fraudulent company profile and mislead its auditors. Lehman Brothers, in the years before its 2008 collapse, used a smaller firm called Hudson Castle (of which it owned 25 percent) to shift risky investments off its books so that Hudson Castle, not Lehman Brothers, could absorb "headline risk." W
by Max Brockman, Vintage Press, New York. hard to keep track of who cooperates and who doesn't, especially if it's institutions you're monitoring. Enron, which in 2001 filed one of the largest bankruptcies in U.S. history, hid billions of dollars in debt in hundreds of shell firms, which bought poorl
uld create a fraudulent company profile and mislead its auditors. Lehman Brothers, in the years before its 2008 collapse, used a smaller firm called Hudson Castle (of which it owned 25 percent) to shift risky investments off its books so that Hudson Castle, not Lehman Brothers, could absorb "headline risk." W
Entities connected to both Enron and Hudson Castle

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Chile
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Redouan Bshary
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D. Nettle
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