Dienstag, Dezember 28, 2004

I find this amusing and rather fitting:

...What, in layman's terms, actually happened at Enron? Perhaps the best way to explain to the average reader (one without an economics degree) is to use a metaphor. Say there is a troop of monkeys and their day consists of seeking out bananas. The head monkey orders all the other monkeys to collect their bananas in a pile, which will be eaten at the end of the day and not a moment before.

Only not many bananas are found.

One of the monkeys starts screeching, voids his bowels and flings his excrement at another monkey. Soon all the monkeys are flinging monkeyshit at each other and smearing it all over themselves. This arouses one monkey, who begins masturbating frantically. Other monkeys start mounting each other and a shit-stained orgy ensues. Monkeys hump violently, crushing those on the bottom of the pile. The head monkey grabs a stick and flails around at random, whacking his compatriots. He bares his teeth and screams a defiant message.

"REEEEEEEP! RREEEP! REEEP! REEEEP! Ooh ooh ooh. REEEEEAAAAAAAP!!!! REEEEEEEEEAAARRRRRRRRRRRREEEEEEEEEEP!!!!"

While this analogy is perhaps simplistic, it contains the essence of the problem posed by Enron.