Monday, February 25, 2002

Cramer on the Case

There's a case to be made that the collapse of Global Crossing (and what it implies) is a lot more worrisome than the collapse of Enron (and what it implies). I've been researching a column for Fast Company on Wall Street's role in Enron's collapse, but I keep running into people who tell me that Global Crossing is the real nightmare.

Unsurprisingly, New York Magazine columnist and founder Jim Cramer is out front on this. I'm surprised his column on the subject didn't get more attention. It's excellent.