Re:Cory Doctorow: What Kind of Bubble Is AI?
by jdross on Wednesday December 20, 2023 @02:18PM
(#38712456)
"Enron's fraud left nothing behind but a string of suspicious deaths."
Man this guy really knows nothing about energy...
Enron happened at the start of the shale and natural gas revolution that reshaped American energy and global politics. Enron's energy traders alone (including John Arnold) helped structure global markets for natural gas. Their physical pipeline assets are owned by Berkshire Hathaway. The fraud of Enron was on top of a real set of businesses, with massive physical assets!
Man this guy really knows nothing about energy...
Enron happened at the start of the shale and natural gas revolution that reshaped American energy and global politics. Enron's energy traders alone (including John Arnold) helped structure global markets for natural gas. Their physical pipeline assets are owned by Berkshire Hathaway. The fraud of Enron was on top of a real set of businesses, with massive physical assets!