The market-roiling chicanery at Enron, which The Motley Fool astutely characterizes as “shredding profits” through “mark-to-market” accounting at a “batty” company— is just the beginning tale, writes Seth Jayson.

 

Ordinary citizens fueled the subprime mess by feeding into the real estate frenzy through adjustable-rate mortgages on home investments that, oftentimes, didn’t even require any money down (“A Nation of Enrons,” March 20).

 

So, what is to become of “the biggest dance party in economic history”? Invest in small-cap value now, Jayson recommends, while the prices are so low. They will deliver “amazing returns . . . for years, if not decades.”

 

The staff of Money Management Executive ("MME") has prepared these capsule summaries based on reports published by the news sources to which they are attributed. Those news sources are not associated with MME, and have not prepared, sponsored, endorsed, or approved these summaries.

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