Thursday 13 March 2008

ENRON Inspired Definitions

Enron is the darling case study for every other professor in a business school. Being no different, my university too is obsessed with the spectacle that was Enron's sensational collapse.

However in one of my course I came across a refreshing take from the Enron case; humor. Read on to enjoy.

EBIT : Earnings Before Irregularities & Tampering
EBITDA : Earnings Before I Tricked The Dumb Auditor
CEO : Chief Embezzlement Officer
CFO : Corporate Fraud Officer
EPS : Earned Prison Sentence

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