Wednesday, December 18, 2002

Enron follies video features Shrub yukking up corrupt accounting. The Feds are looking into a video of a 1997 Enron retirement party, which featured "humorous" skits about Enron's corruption -- including a cameo by George W. Bush, yukking it up with his morally bankrupt cronies. When the pretend Kinder expressed doubt that Skilling could pull off 600 percent revenue growth for the coming year, Skilling revealed how it could be done. "We're going to move from mark-to-market accounting to something I call HFV, or hypothetical future value accounting," Skilling joked as he read from a script. "If we do that, we can add a kazillion dollars to the bottom line." Link Discuss (Thanks, Lisa!) [Boing Boing Blog] 12:48:46 PM

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