Reading Journal

Extensive Reading Journal: Chapters 14, 15, and 16

Please answer each question in 3-5 sentences:

1. Who/what do you think was "the beating heart of Enron"? Explain why.

2. Use information from the book or your own understanding and explain what Moody's and Standard and Poor's job is. What kind of treatment did Enron receive from these agencies? Why?

3. Which do you think is more likely to blame for Azurix's failure: the type of business (the water industry) or Mark's leadership? Why?