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Enron
Essay specific features
Written by:
Wilma B
Date added:
February 1, 2016
Level:
University
Grade:
A
No of pages / words:
4 / 1078
Was viewed:
6798 times
Rating of current essay:
Essay content:
This isolation is important for external investors whose interest is backed by such hived-off assets, etc., but who are not affected by the generic business risks of the entity of the originating entity. Thus SPEs are housing devices - they house the assets etc transferred by the originating entity in a legal outfit, which is legally distanced from the originator, and yet self-substained as not to be treated as the baby of the originator...
displayed 300 characters
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This isolation is important for external investors whose interest is backed by such hived-off assets, etc., but who are not affected by the generic business risks of the entity of the originating entity. Thus SPEs are housing devices - they house the assets etc transferred by the originating entity in a legal outfit, which is legally distanced from the originator, and yet self-substained as not to be treated as the baby of the originator...
displayed 300 characters
General issues of this essay:
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