Enron Blowout: Corporate Capitalism and Theft of the Global CommonsIn one of the most spectacular bankruptcies of our times, the gas and energy giant Enron went bust in late 2001. Many thought that for India, this is the end of the Enron story, that we can simply get out of the disastrous Dabhol deal. They are wrong.Did Enron, touted as a leading foreign direct investment (FDI) case, bring any capital into the project at all? |
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83 per cent Arthur Andersen assets Bank bankruptcy Bush California capacity capital costs cartel cash Cheney Commission companies Congress consumers contract corruption cost of power crore crore per MW Dabhol Power Dabhol project dollars Doug Henwood Dynegy economy electricity employees energy Enron power Enron stock Enron's collapse equity executives fast track projects finance firms fraud fuel Gazprom global corporations Godbole Committee Gramm guaranteed GWB's Halliburton Houston Chronicle India Indian FIs investment investor January Jeb Bush Kayamkulam Ken Lay Kenneth Lay Kurt Eichenwald load loans loss Maharashtra million Mozambique MSEB MSEB's naphtha natural gas Neil Neil Bush off-take outflows pay Enron Phil Gramm power plants Power Purchase Agreement power sector power tariff profits reforms regulation renegotiated rupee scandal SEBS Sharad Pawar Stage suicide told trade unit Vijay Prashad Wall Street Watkins York