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Jan 31, 2002

Leader: Crisis of confidence

For investors, the Enron problem couldn't have come at a worse time

For investors, the Enron problem couldn't have come at a worse time. They've been hammered by two years of drastic losses to their portfolios and had already fallen to their knees by the time Enron gave them a good, hard kick.Who's to blame for the biggest bankruptcy in US corporate history? The obvious choice is Enron itself; that's a no-brainer. Investors blame the company for cooking the books, rewarding executives' financial chicanery, stealing the life savings of its employees, and building

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