Raptors: Difference between revisions

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Raptors were [[SPV|Special purposes vehicles]] conceived from the brow of [[Andrew Fastow]]’s superbrain, that [[Enron]] established to shield itself from [[mark-to-market]] losses in its growing equity investment business.
Raptors were [[SPV|Special purposes vehicles]] conceived from the brow of [[Andrew Fastow]]’s superbrain, that [[Enron]] established to shield itself from [[mark-to-market]] losses in its growing equity investment business.


They give the harmless [[espievie]] a bad name and [[Mediocre lawyer|structured finance lawyers]] are still pretty angry about them. nearly twenty years later.  
They give the harmless [[espievie]] a bad name and [[Mediocre lawyer|structured finance lawyers]] are still pretty angry about them, nearly twenty years later.  
{{Seealso}}
{{Seealso}}
*[[Enron]]
*[[Enron]]

Revision as of 09:15, 8 June 2018

Raptors were Special purposes vehicles conceived from the brow of Andrew Fastow’s superbrain, that Enron established to shield itself from mark-to-market losses in its growing equity investment business.

They give the harmless espievie a bad name and structured finance lawyers are still pretty angry about them, nearly twenty years later.

See also