Financialization and going off the rails with Norfolk Southern

Financialization is an awful word. It sounds clumsy in the mouth and refers to a process that has been underway for over 40 years but is nearly unknown to most of us. Before we get to Norfolk Southern, the railroad … Continue reading

Enron, Trust and Malfeasance

January 23, 2002 (revised 1/29/02) The collapse of energy giant Enron over the last six months has produced a surprising level of outrage especially for a cynic like me. As this drama continues to unfold, I have been trying to … Continue reading