Custom Search
Over 10000 Pages Indexed
Your Host
Click here to read about RF CafeKirt
Blattenberger

... single-
handedly
redefining
what an
engineering website
should be.

View the YouTube RF Cafe Intro Video Carpe Diem!
(Seize the Day!)

5CCG (5th MOB):
My USAF radar shop

Hobby & Fun

Airplanes and Rockets:
My personal hobby website

Equine Kingdom:
My daughter Sally's horse
riding business website -
lots of info

•−•  ••−•    −•−•  •−  ••−•  •
RF Cafe Morse Code >Hear It<

Job Board

About RF Cafe©

RF Cafe E-Mail

Enron Bankruptcy Explained

Take a break from the drudgery with some of these jokes, song parodies, anecdotes and assorted humor that has been collected from friends & from websites across the Internet. This humor is light-hearted and sometimes slightly offensive to the easily-offended, so you are forewarned. I have taken care to censor "humor" with overt sexual overtones (or undertones), degrading political taunts, and hateful tirades, so it is all workplace-safe. I have also tried to warn of any links that will result in audio clips so you can take appropriate precautions. Please send any potential candidates for this humor page to the e-mail link above.

Humor #1 | Humor #2 | Humor #3


In case you were wondering how Enron came into so much trouble, here is an explanation reputedly given by a Colorado Aggie professor to explain it in terms his students could understand.

Capitalism:

You have two cows. You sell one and buy a bull. Your herd multiplies, and the economy grows. You sell them and retire on the income.

Enron Venture Capitalism:

You have two cows. You sell three of them to your publicly listed company, using letters of credit opened by your brother-in-law at the bank, then execute a debt/equity swap with an associated general offer so that you get all four cows back, with a tax exemption for five cows. The milk rights of the six cows are transferred via an intermediary to a Cayman Island company secretly owned by the majority shareholder who sells the rights to all seven cows back to your listed company. The annual report says the company owns eight cows, with an option on one more.

Now do you see why a company with $62 billion in assets is declaring bankruptcy?

Someone e-mailed the picture to me, so I don't know it's origin. If the progenitor of it objects, I'll remove it.

RF Cafe
A Disruptive Web Presence

Custom Search
Over 10,000 pages indexed! (none duped or pirated)

Read About RF Cafe
Webmaster: Kirt Blattenberger
    KB3UON

RF Cafe Software

RF Cascade Workbook
RF Cascade Workbook is a very extensive system cascaded component Excel workbook that includes the standard Gain, NF, IP2, IP3, Psat calculations, input & output VSWR, noise BW, min/max tolerance, DC power cauculations, graphing of all RF parameters, and has a graphical block diagram tool. An extensive User's Guide is also included. - Only $35.
RF system analysis including
frequency conversion & filters

RF & EE Symbols Word
RF Stencils for Visio

Product & Service Directory
Personally Selected Manufacturers
RF Cafe T-Shirts & Mugs

RF Cafe Software

Calculator Workbook
RF Workbench
Smith Chart™ for Visio
Smith Chart™ for Excel