Two Anderson auditors who used to work on the Enron account walk into a bar.Bartender asks 
them if capitalism failed Enron or Enron failed capitalism.

First auditor says, "Capitalism is when you have two cows. You sell one cow and buy a bull. 
Your herd multiplies and the economy grows. You sell the herd and retire on the income."

Second auditor says, "Enron capitalism is when you have two cows. You sell three of them to 
your publicly-listed company, using letters of credit opened by your brother-in-law at the 
bank. You then execute a debt/equity swap with an associated general offer so that you get 
all four cows back, with a tax exemption for five cows. You then transfer the milk rights 
of six cows via an intermediary to a Cayman Island company secretly owned by the majority 
shareholder of your publicly-listed company who sells the rights to all seven cows back to 
your publicly-listed company. The Annual Report to shareholders says the company owns eight 
cows, with an option on one more."